Decision details
Inflation Provision
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Decisions:
A report by the Director of Finance advised that the projected budget for 2010-11 currently provided for both pay and price inflation at 2% in line with the provisions included in the Comprehensive Spending Review 2007. The report recommended that this provision be varied.
Resolved: - That
(1) The pay estimates for 2009-10 be reduced by 1% and the saving of £1.6m be transferred to General Fund balances.
(2) The provision for pay awards in 2010-11 be reduced to 1% and the provision for price inflation be deleted reducing the projected budget by £5.2m.
Publication date: 18/11/2009
Date of decision: 05/11/2009
Decided at meeting: 05/11/2009 - Cabinet
Effective from: 26/11/2009
Accompanying Documents: