Decision details

Medium Term Financial Plan (MTFP) 2019/20

Decision Maker: Place Scrutiny Committee, Children and Young People Scrutiny Committee, Cabinet, Council

Decision status: Recommendations approved

Is Key decision?: Yes

Is subject to call in?: No


To propose the Medium Term Financial Plan (MTFP) 2019/20 as a basis for consultation. The MTFP sets out the Council's priorities and resource allocations, Annual Capital Expenditure and proposals for the Capital Programme.


Submitted – A report (previously circulated) of the Chief Officers Executive which had been considered by Cabinet at its meeting held on 11 December 2018, in relation to the Medium-Term Financial Plan (MTFP) 2019-20 to 2022-23 and proposing a 2019/20 to 2022/23 capital programme for consultation.

It was reported that the delivery of the core offer which was agreed in 2016 remained extremely challenging with some significant pressures arising in children’s social care, however, through innovative financial investments and increased income from economic growth, the Council could still deliver the agreed balanced plan and extend the MTFP.  A further £0.600 million had also been identified which could be used to bolster the Futures Fund themes or be returned to reserves.


It was noted that the Council had allocated £4.1 million to the futures fund in 2018/19, £2.5 million of which was allocated between the five community themes. To date £1.063 million had been committed to the futures fund themes with a balance of £1.437 million remaining.


Discussion ensued on the significant work which had been undertaken to achieve economic growth within the Borough, particularly in relation to Symmetry Park, which had been rewarded with a positive net increase in the projected National Non-Domestic Rates (NNDR) collected over the coming MTFP. 


It was reported that there were no proposed reductions in service levels within the 2019/20 MTFP and that fees and charges had been reviewed and increased where appropriate.


Members noted the additional monies identified for winter pressures amounting to £501,000 this year and for next year to be divided between residential and domiciliary care and to be agreed with our NHS colleagues.


Members also noted the significant pressures arising in Children’s social care and the demand pressures on external residential placements and independent fostering placements in Children’s Services and additional one off finance to be used to offset some of the pressure on Children and Adult social care.


RESOLVED - That this Scrutiny Committee has no comment to make on the proposed schedule of fees and charges for those services within its remit and supports Cabinet’s proposal in relation to those fees and charges and the proposed Council Tax increase of 2.99 per cent for the next financial year.


Publication date: 11/03/2019

Date of decision: 21/01/2019

Decided at meeting: 21/01/2019 - Children and Young People Scrutiny Committee

Accompanying Documents: