Issue - meetings

To receive a report from the Director of Finance, Assets and Resources considering the options available for the Council to set a balanced budget for 2017/18 and to agree a future strategy for further budgetary planning for 2018/19 onwards.

The Group had before it, and NOTED, a report * from the Director of Finance, Assets & Resources considering the options available in order for the Council to set a balanced budget for 2017/18 and agree a future strategy for further budgetary planning for 2018/19 onwards.

Key highlights within the report included the following:

·         The assumptions made within Appendix 1 of the report including all rents being decreased by 1%.

·         The proposal to increase community alarm charges by £0.30 per week per property and garage rents by £0.10 per week

Discussion took place regarding:

·         Costs in relation to asbestos work which was unavoidable and a reasonable amount to be spending year on year.

·         Income of £230k in relation to solar panels.

Note: * Report previously circulated; copy attached to the signed minutes.