Agenda item

To receive and consider the report of the Town Clerk/RFO (TO FOLLOW) and the Draft Revised Revenue Budget for 2020/21 and Draft Budget for 2021/22 (ENCLOSED).

The Committee received and considered the report of the Town Clerk/RFO which had been circulated prior to the meeting. She had written a comprehensive report in order to try and explain each individual cost centre and budget line.  She advised that there were still several unknown factors at this stage and therefore it was the first draft budget for the Committee and would presented to the Policy, Governance and Finance Committee on 23 November.  If the information on the tax base was received by that point from the District Council, she hoped that the Council would be in a position to agree the budget on 14 December.

RECOMMENDED:             that the report be noted and that the revised base revenue budget for 2020/21 and the draft estimated base revenue budgets for 2021/22 as presented, be agreed in principal, subject to any further adjustments, as necessary.