Agenda item

Report of the Chamberlain.

The Committee considered a report of the Chamberlain which highlighted the key points for the City Corporation from the Chancellor’s Autumn Statement on 23 November 2016.

The Chamberlain confirmed that, as a result of the publishing the Efficiency and Sustainability Plan, the Corporation would receive certainty in the level of the Local Government Financial Settlement which would be received from 2017/18 to 2019/20. It was expected that the amount of the Financial Settlement would be confirmed later in the current week.

RESOLVED – That the Committee notes the report.