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: