Recommended to Full Council (Budget and policy framework):
(1) The General Fund budget for 2020/21 (Revised) and 2021/22 (Original).
(2) The Capital Programme and Financing for 2020/21(Revised) and 2021/22 (Original).
(3) An increase in the Council Tax for Eastbourne Borough Council of 2% resulting in a Band D charge of £256.74 for 2021/22.
(4) The revised General Fund capital programme 2021/22 as set out at Appendix 3 to the report.
(5) To note the section 151 Officer’s sign off as outlined in the report.
(Key decision):
(6) To delegate authority to the Chief Finance Officer in consultation with the Lead Member for Finance to:
· approve the making of all future loans to Aspiration Homes LLP and all drawdowns under both future and existing facilities.
· approve the loans as a Restricted Matter under the LLP Agreement with Lewes District Council.
· approve all documentation required to ensure compliance with the UK’s new subsidy control regime and so that Right to Buy receipts are appropriated in accordance with all relevant requirements; and
· determine the terms of all agreements and associated documentation required to put into effect these delegations and to authorise the execution of all such documentation on behalf of the Council.