Archived decisions

HAMPSHIRE COUNTY COUNCIL

Record of an Executive Decision:

Decision Maker:

Cabinet Item 6

Date of Decision:

22 December 2008

Decision Title:

Provisional local government finance settlement and budget guidelines 2009/10 to 2011/12

Decision Reference:

423

Report From:

County Treasurer

Contact name:

Jon Pittam

Tel:

01962 847400

Email:

[email protected]

1) Summary:

    The following decisions were made:

    1.1. That the budget guidelines set in the medium term financial strategy for 2009/10 to 2011/12 (Cabinet 27 October 2008) be confirmed since, as expected, there have been no changes in the provisional local government finance settlement.

    1.2. To make representations to Government to facilitate supported borrowing and to review the flexibility of private finance initiative schemes because of the economic downturn and the need to support the infrastructure and economy in Hampshire.

2) Reasons for the decision:

    2.1. To set firm budget guidelines as the basis for Executive Members to prepare draft revenue budgets and draft capital programmes for consideration by the Cabinet on 6 February 2009.

    2.2. To respond to the consultation on the provisional local government finance settlement because of the Council's inability to resource the whole of the Government's `supported borrowing' capital programme.

3) Conflicts of Interest:

    3.1. Conflicts of interest declared by the Decision-Maker:

        a) None

    3.2. Conflicts of interest declared by other Executive members consulted:

        a) None

4) Dispensation granted by the Standards Committee:

    5.1. None

5) Any reasons for the matter being dealt with urgently:

    6.1. None

6) Statement from the Decision Maker:

    7.1. None

Approved by:

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Date:

22 December 2008

Chairman of the Cabinet

Councillor TK Thornber CBE