Issue details
The Council's 2018-19 Budget Report and Medium Term Financial Strategy 2018-21
This report sets out for consideration those issues that have a bearing on the Council’s financial planning for the 2018-19 budget and the 2018 – 2021 Medium Term Financial Strategy (MTFS). This will include the relevant risks, uncertainties and the options for managing those issues. The Full Council is required to take final decisions on the Council’s budget including the setting of the Council tax although there are a number of individual decisions that are taken by the Cabinet as part of this overarching report or other separate detailed reports. These include agreement of the Councils approach to fees and charges, the agreement of its Local Council Tax Reduction Scheme and agreement to participate in the London-wide Business Rates Retention Scheme.
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Decision type: Key
Reason Key: Significant impact on communities living or working in two or more wards;
Decision status: Recommendations Approved
Wards affected: (All Wards);
Notice of proposed decision first published: 23/11/2017
This decision will be taken under urgency procedures.
Reason for urgency:
Noting report to provide Cabinet with an update on the progress in develoiping the MTFS 2018 - 2021
Decision due: 30 Jan 18 by Cabinet
Decision due: 21 Feb 18 by Council
Lead member: Councillor David Edgar Cllr.David.Edgar@towerhamlets.gov.uk Cabinet Member for Resources and the Voluntary Sector
Lead director:
Department: Resources
Contact: Neville Murton, (Corporate Director, Resources) Email: neville.murton@towerhamlets.gov.uk Corporate Director, Resources.
Consultation process
The Mayor, Lead Member for resources and the Chair of Overview and Scrutiny will be consulted.
Has an Equality Analysis been carried out and if so the result of this Assessment?: N/a
What supporting documents or other information will be available?: N/a
Decisions
Agenda items
- 25/10/2017 - Overview & Scrutiny Committee Medium Term Financial Strategy 2018 – 2021 25/10/2017
- 15/01/2018 - Overview & Scrutiny Committee BUDGET 2018 to 2019 15/01/2018
- 30/01/2018 - Cabinet The Council's 2018-19 Budget Report and Medium Term Financial Strategy 2018-21 30/01/2018