Medium Term Financial Strategy

September 9, 2024 Approved View on council website
Full council record

Decision

RESOLVED
that 1) Members approve the Medium-Term Financial
Strategy at Appendix 1,
 
2) the Council continues to
fund the General Fund revenue base budget from the full amount of
New Homes Bonus (and related grants such as Services Grant)
allocated by Government,
 
3) to set the strategic
intention to continue to be a member of the Derbyshire Business
Rates Pool while ever it is financially advantageous for the
Council to do so,
 
4) to set the strategic
intention to raise Council Tax by the maximum allowed in any given
year, without triggering a Council Tax referendum, to endeavour to
continue to deliver services. (The actual Council Tax for any given
year will be decided by Council in the preceding March),
 
5) the Council maintains a
policy of a minimum level of Balances for the General Fund of
£2m
 
 

Related Meeting

Executive - Monday, 9th September, 2024 10.00 am on September 9, 2024

Supporting Documents

MTFS report Exec.pdf
Appendix 1.pdf

Details

OutcomeApproved
Decision date9 Sep 2024