Decision details

To consider the draft budget guidelines and service priorities/rank.

The Head of Finance and Community Corporate Planning Manager submitted a report which sought to inform the Executive of the service and financial planning process for 2010/11 and to agree budget guidelines for issue to service managers to enable the production of the 2010/11 budget and update the Medium Term Financial Strategy for 2011/12 onwards.

Resolved           

(1)          That the service and financial planning process for 2010/11 be noted.

(2)          That the proposed budget guidelines and timetable for 2010/2011 budget process as set out in the Annex to the Minutes (as set out in the Minute book) be considered and agreed.

Reasons

The Council needs to set guidelines and a timetable for the preparation of draft estimates for 2010/11.  These guidelines should support the objectives contained in the 5-Year Corporate Plan, Improvement Strategy and in particular the updated Medium Term Financial Strategy.