Decision details

Further to the discussion on the finance reports (minute 371 refers), it was moved by Councillor Hall and seconded by Councillor Morrell that the recommendations within the Medium Term Financial Strategy report be approved. Councillor Bray along with five other councillors requested that voting on this item be recorded. The vote was taken as follows:

Councillors Boothby, Camamile, Cook, Hall, Kirby, Ladkin, Morrell, Nickerson, O’Shea, Richards, Rooney, Surtees, Sutton, Wallace, Ward, Williams and Wright voted FOR the motion (17);

Councillors Bill, Bray, Cartwright, Mr Cope, Mrs Cope, Crooks, Hodgkins, Hollick, Lynch, Nichols, Taylor and Witherford voted AGAINST the motion (12).

The motion was declared CARRIED and it was

RESOLVED – the updated Medium Terms Finance Strategy (MTFS) and increase in minimum balance target to an average of 15% over the life of the MTFS be approved.