DECISION

1.    To note the changes to the draft budget position for 2019-2020 and over the MTFS period 2019-2022.

2.    To note the illustrative modelling for the 2019-20 London Business Rates Retention Scheme.

3.    To note the decisions of London Councils to participate in the 2019-20 London Business Rates Retention Scheme.

4.    To note the options for Council Tax levels over the MTFS period 2019-2022.

5.    To note the analysis and outcomes from the Your Borough Your Future budget consultation in Appendix A and have due regard to the issues raised in finalising its detailed budget proposals.

6.    To note the additional resources required over the MTFS to cover estimated risks and uncertainties.

7.    To note proposed increase to tenanted service charges by 3.4% from the first week in April 2019.

8.    To note the Equalities Impact Assessment / specific equalities considerations as set out in section 4 of the report.

Action by:

ACTING CORPORATE DIRECTOR, RESOURCES (N. MURTON)

(Interim Divisional Director, Finance, Procurement and Audit)