Agenda item

The Cabinet considered a report of the Corporate Director, Resources which provided Cabinet with a forecast of 2015/16 revenue and capital outturn based on the period to 30 September 2015 for the Council’s General Fund and Housing Revenue Account.  The report also includes the forecasts for the Council Tax Collection Fund and Business Rates Collection Fund (for copy see file of minutes).

Councillor Napier advised that the council was in the best position it could be despite the cuts that had been made, however it was anticipated that the cuts would deepen over the next few years which would impact on all services including front line services.  He advised of the business support reserve which would enable the continuation of the protection of front line services for a period, and the position with the replenishment of both the ER/VR reserve, and the office accommodation capital reserve.

Resolved:

That the recommendations contained in the report be approved.