Decision details

RESOLVED:

That District Executive recommend that the Chief Executive:-

a.

note the contents of this report and in particular the issues that will need to be considered as part of budget setting process, the need to get approval from Council for revised estimates for this financial year, and the next steps timeline;

b.

agree in principle SSDC’s continuing membership of the Somerset Business Rates Pool as discussed in paragraphs 74 and 75 of this report.

Reason:

To update members on the 2021/22 revenue and capital budgets, taking account of last year’s outturn figures, the budget monitoring information for the first quarter of this financial year (2021/22), and other updated information that has an impact on the financial position of the Council.