Decision details


Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No




·       Approves the Revenue Budget of £42.6m for 2020/21 detailed in Section 3

·       Notes that the Revenue Budget includes a £2.4m use of Reserves assuming a 3% Council tax rise (in the event that the Council approves a different level of Council tax, the use of Reserves will vary accordingly)

·       Approves the capital programme as detailed in Section 6

·       Approves the creation of a new Earmarked Reserve for Ash Dieback (£500k) as per para 3.5.9

·       Approves the minimum reserve level be increased from £2m to £3m to reflect the changing risk profile

·       Notes the Medium Term financial outlook and commits to taking action in 21/22 to address the deficit position

·       Notes that additional revenue or capital expenditure may be incurred in 2021/22 funded through 2020/21 budget under spends to be carried forward via earmarked reserves. The use of reserves for budget carry forwards is not currently shown in the budget but will have no impact on the General Fund

·       Approves a deficit of c£186k on the Collection Fund as at 31 March 2021 (Section 4.2) of which £160k is the Rutland share

·       Notes the responses to consultation (section 3)

·       Notes the updates since the draft budget was approved (section 2.2)

·       Delegates authority to the s151 Officer to make any necessary changes to the budget arising from the Council tax decision and/or any additional funding received


Publication date: 17/02/2021

Date of decision: 16/02/2021

Decided at meeting: 16/02/2021 - Cabinet

Accompanying Documents: