Issue - meetings

Provision for Inflation

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    Meeting: 09/12/2010 - Cabinet (Item 253)

    253 Provision for Inflation 2011-12 pdf icon PDF 40 KB

    Minutes:

    A report by the Director of Finance advised on the current position regarding pay inflation, price inflation, and income inflation, and requested a decision on the provision for inflation to be included in the budget for 2011-12.

     

    RESOLVED: That

     

    (1)  provision be made for pay awards in line with the Government recommendation;

     

    (2)  no provision be made for price inflation; and

     

    (3)  income budgets be increased by 3%.