Decision details

Risk Management – Corporate Risk Register

(1)        That the Vulnerability, Controls and Management Actions for Risk 1, Local Plan, be updated;

(2)        That the Effectiveness of Controls/Actions for Risk 2, Strategic Sites, be updated;

(3)        That the revised Key Date for Risk 4, Finance Income, be updated;

(4)        That the Vulnerability for Risk 7, Business Continuity, be updated;

(5)        That the revised Key Date for Risk 9, Safeguarding, be updated;

(6)        That a new risk, Transformation Programme, be agreed as Risk 11 with the Vulnerability, Triggers and Consequence along with supporting controls as set out, and a score of B1 (High Likelihood/Major Impact); and

(7)        That the amended Corporate Risk Register be approved.

Detailed Directorate Budgets 2018/19

(8)        That the detailed Directorate budget for the Office of the Chief Executive be approved;

(9)        That the detailed Directorate budget for Communities be approved;

(10)      That the detailed Directorate budget for Governance be approved;

(11)      That the detailed Directorate budget for Neighbourhoods be approved;

(12)      That the detailed Directorate budget for Resources be approved; and

(13)      That the detailed budget for the Housing Revenue Account (HRA) be approved; and

Council Budgets 2018/19

(14)      That the following guidelines for the Council’s General Fund Budgets in 2018/19 be recommended to the Council for adoption:

            (a)        the revised revenue estimates for 2017/18, and the anticipated        increase in the General Fund balance by £0.76million;

            (b)        a decrease in the target for the 2018/19 Continuing Services Budget             (CSB) from £12.92million to £11.71million (including growth items);

            (c)        an increase in the target for the 2018/19 District Development Fund             (DDF) net spend from £0.93milion to £3.87milion;

            (d)        no change in the District Council Tax for a Band ‘D’ property to retain          the charge at £148.77;

            (e)        the estimated increase in General Fund balances in 2018/19 of             £1.10million;

(f)         the five year capital programme 2017/18 – 21/22;

(g)        the Medium Term Financial Strategy 2017/18 – 21/22; and

(h)        the Council’s policy on General Fund Revenue Balances to remain that they be allowed to fall no lower than 25% of the Net Budget Requirement.

(15)      That the Housing Revenue Account (HRA) budget for 2018/19, including the revised revenue estimates for 2017/18, be recommended to the Council for approval;

(16)      That the rent reductions proposed for 2018/19, with an average overall fall of 1%, be noted;

(17)      That the Chief Financial Officer’s report to the Council on the robustness of the estimates for the purposes of the Council’s 2018/19 budgets and the adequacy of the reserves be noted; and

(18)      That the Director of Resources be authorised to make minor amendments and corrections to the figures above.