Transcription of Committee Dated: Public For Decision Summary
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Committee Dated: Public For Decision Summary
Committee dated : Finance Committee 20 February 2018 Subject: City Fund: 2018/19 Budget report and Medium Term Financial Strategy Public report of: The Chamberlain For Decision report author: Caroline Al-Beyerty, Deputy Chamberlain Summary This report presents the overall financial position of the City Fund ( the Corporation s finances relating to Local Government, Police and Port Health services). It recommends that: the Council Tax for 2018/19 remains unchanged from 2017/18; and The Business Rate Premium is unchanged. There is a further report to your Committee on the financial position of all the City Corporation s Funds. The overall strategy is unchanged for City Fund: to have a four year plan that presents a balanced budget. City Fund (non-Police): the provisional Government grant settlement was received before Christmas and was largely in line with our assumptions.
Approve the following investment opportunities being included, subject to further reports: o Substantial provision for major projects including £90m for the Combined Courts relocation and £187m for the Museum of London
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