The Director of Finance presented a report on the projected budget for 2010-2011 which would be the final year of the Comprehensive Spending Review 2007 (CSR). The report set out the variations that had been identified for 2010-11, a number of other developments, details of balances and apportionment of efficiency requirements.

With the permission of the Chair, the Leader of the Conservative Group addressed the Cabinet. The Director of Finance reported that the provisional Local Government Finance Settlement for 2010-11 would be issued by the Government at the beginning of December.

Resolved - That the projected budget for 2010-11 be updated and reported regularly to the Cabinet.