RESOLVED:
1. Cabinet reaffirms its commitment to the ten fairer future promises as set out in the council plan and medium term resources strategy (MTRS) and the seven budget principles to guide and underpin the work of officers in arriving at a balanced budget proposal in February 2012.
2. That it be noted that this is the second year of a three year budget framework, agreed in February 2011 which was supported by an extensive consultation undertaken in autumn 2010.
3. That officers be instructed to continue to work on budget options for presentation to the cabinet in January 2012, for onward recommendation to council assembly.
4. That the continuing uncertainty in the budget environment for 2013/14 and future years be noted and it also be noted that the government is currently undertaking a consultation on the future of local government finance (the “Local Government Resource Review”).