(Report of Director of Finance and Transformation)
The report provided an overview of the Government’s intended approach for the third year of the multi-year local government finance settlement together with a proposed response to the technical consultation paper published on 14 September 2017. Concern was expressed at the suggested changes to the New Homes Bonus allocation mechanism and the effect of redistribution of funding from district councils to upper tier authorities. It was therefore considered that districts should be removed from the council tax referendum principles or allowed to make increases equal to those of authorities responsible for social care.
The Cabinet resolved that:
The proposed response to the 2018-19 Local Government Finance Settlement Technical Consultation Paper, as set out at Annex 1 to the report, be approved.