Revenue Budget - 2004/2005
Decision:
The Cabinet noted the outcome of the final
finance settlement report as detailed in section 3 of the
report.
The Cabinet noted the letters from the Office of the Deputy Prime
Minister regarding the Cabinet's proposal to increase council tax
by 15% set out in section 4 of the report.
The Cabinet agreed that, in light of the dialogue commenced with
the Minister of State for Local and Regional Government, to
recommend to the Council that· No decision to set the budget
or agree any related matter is made on 19 February 2004 except in
relation to the Housing Revenue Account (HRA)· The meeting
of the Council due for 26 February 2004 is cancelled· A
special meeting of the Council is called for a date after 26
February 2004 but on or before 10 March 2004 at which the budget
and Council Tax will be set.
The Cabinet noted the list of possible measures, presented by
officers, as contained in Appendix E.