Agenda item

Agenda item

Revenue Budget - Proposed Budget 2019/20

Minutes:

The Business Manager – Financial Services presented a report which enabled Members to consider spending proposals and recommendations to the Council for the budget in 2019/2020.

 

The report set out the details of the proposed budget for the Council in 2019/2020. The budget proposals had been formulated in accordance with the framework set out in the Council’s Constitution with the initial report having being presented to the Policy Committee on 20 September 2018.  It was noted that the level of discretionary fees and charges for services provided by the Council were considered as part of the budget process rather than being implemented piecemeal throughout the year. The proposed fees and charges for 2019 were detailed in the report and would be included in the budget book which forms part of the agenda for the full Council Meeting.

 

The Local Government Finance Settlement provided key figures for Government Grant that formed part of the Council's budget. The draft settlement was announced on 13 December 2018 and was confirmed on 29 January 2019. It was reported that the overall Business Rates income was expected to rise by £1,262,100 due to an increase in the rateable value in the rating list.

 

The report had been prepared by the Resources Directorate in conjunction with the appropriate Committees and relevant budget holders. In accordance with the Constitution, all Members, Directors and Business Unit Managers had been involved with the preparation of the budget.

 

AGREED (unanimously) that it be recommended to Council on 7 March 2019 that:

 

(a)        the Employee Plan shown in Appendix C to the report be noted;

 

(b)        the following amounts be now calculated by the Council for the year 2019/2020 in accordance with Sections 31 to 36 of the Local Government Finance Act 1992 as amended by the Localism Act 2011:

 

(i)         £47,478,210    being the aggregate of the amounts which the Council estimates for items set out in Section  31A(2)(a) to (f) of the Act (the gross District Council expenditure for 2019/20);

 

(ii)        £35,499,020    being the aggregate of the amounts which the Council estimates for the items set out in Section 31A(3)(a) to (d) of the Act (the gross District Council income for 2019/20); and

 

(iii)       £11,979,190    being the amount by which the aggregate at (a)(i) above exceeds the aggregate at (a)(ii) above, calculated by the Council, in accordance with Section 31A(4) of the Act, as its Net Budget Requirement for the year;

 

(c)        the figures shown as (b)(i) and (b)(iii) above to be increased only by the amount of Parish Precepts for 2019/20;

 

(d)        the budget figures included in the report be the Council’s budget for 2019/20; and

 

(e)        the fees and charges shown in Appendices D to W to the report be implemented with effect from 1st April 2019.

 

Reason for Decision

 

To enable Policy & Finance Committee to make recommendations to Full Council of the amounts to be calculated in accordance with Sections 31 to 36 of the Local Government Finance Act 1992 as amended by the Localism Act 2011 for the purposes of setting Council Tax levels for the year 2019/20.

Supporting documents: