It
was agreed to recommend the following to the Full Council on 4 March:
1. Establish a budget of £271,751,360
for 2021/22 to be funded through a
Government Grant of £194,793,140 and £76,958,220 of Council Tax income with
an increase of 3.7%.
2. Establish a capital programme of
£47,085,960 in 2021/22, to be funded from the sources noted in Appendix 4 of
the report.
It
was noted that the figures in recommendation 1 above would change in line with
the figures in Appendix 5 of the report should the Full Council increase the
Council Tax Premium from 50% to 100%.