Decision details

To approve the medium term resources strategy for the council and to note the local government financial settlement

RESOLVED:

1.  That  the provisional local government settlement for 2010/11 be noted.

2.  That taking all the issues in the report, the finance director be instructed to report back to the executive at its meeting on January 26 2010 with proposals that balance the budget for 2010/11 for onward agreement at council assembly.

3.  That in view of the recession and uncertainty with regard to future grant settlements, the finance director and other chief officers be instructed to closely monitor and review business and budget plans and processes.