Issue - meetings

2007/2008 Capital and Revenue Budgets

Meeting: 20/02/2007 - Cabinet (Item 10.)

2007/2008 Capital and Revenue Budgets

Decision:

32/2007 The Cabinet approved the capital budget proposals, as set out in Appendices 1 to 5 of the report, together with the additions to the current capital programme outlined in paragraph 4.3 of the report, for referral to Council. This included the unfunded priority schemes reflected in Table 3 of the report.
33/2007 The Cabinet noted the recommendations from the Overview and Scrutiny Committees as summarised in Section 7 and detailed in Appendix 6 of the report but did not accept the recommendation regarding alleygating.
34/2007 The Cabinet recommended to Council that the net revenue budget summarised at Table 9 and set out in Appendix 7 of the report, amounting to £315.753 million, should be adopted and that this be financed by a 4.49% increase in Council Tax to £991.89.
35/2007 The Cabinet recommended to Council that the surplus of £62,000 set out in table 8 to the report be allocated to fund additional Youth Workers.
36/2007 The Cabinet recommended to Council the fees and charges set out at in the booklet 'Medway Council - Fees and Charges'.
37/2007 The Cabinet requested that the Chief Finance Officer calculate the formal requirements under Sections 32 and 33 of the Local Government Finance Act 1992 for resolution by Special Council on 1 March 2007.
38/2007 The Cabinet approved the summary business plans outlined in Appendix 8 of the report.