Agenda item
Revenue Budget Report 2022-23 - Managing Director & Executive Director Corporate Services & Transformation
- Meeting of Council, Wednesday, 2 February 2022 2.00 pm (Item 9/22e)
- View the background to item 9/22e
Minutes:
The Executive Director for Corporate Services and Transformation introduced a report, which had been circulated advance of the meeting, proposing the Revenue Budget and Council Tax for 2022-23.
On the motion of Councillor S Spencer, duly seconded and in accordance with the Local Authority (Standing Orders) (England) (Amendment) Regulations 2014 a recorded vote was taken as follows:
For the motion:
Councillors Ainsworth, Ashton, Athwal, Atkin, Barron, Bull, Cupit, Flatley, Ford, M Foster, Gourlay, Griffiths, Grooby, Hart, Hobson, Hoy, Iliffe, Kemp, King, Lewis, Major, Muller, Musson, Patten, Redfern, Renwick, Rose, Siddle, Smith, Spencer, Stevenson, Sutton, Swann, Taylor, Wharmby, Wilson and Woolley.
Against the motion:
Councillors Allen, Bingham, Burfoot, Collins, C Dale, Dixon, Fordham, George, Gillott, Greenhalgh, Hayes, Hickton, Innes, Kinsella, Mihaly, Niblock, Ramsey, Woods and Yates
RESOLVED to:
1) Note the details of the Autumn Budget, Spending Review 2021 and Provisional Local Government Finance Settlement as outlined in sections 4.3 and 4.4 of the report;
2) Note the Government’s expectations about Council Tax levels for 2022-23 in section 4.5 of the report;
3) Approve the precepts as outlined in section 4.5 and Appendix Four to the report;
4) Approve that billing authorities are informed of Council Tax levels arising from the budget proposals as outlined in section 4.5 and Appendix Four to the report;
5) Approve the contingency to cover non-standard inflation as outlined in section 4.7 of the report. The contingency to be allocated by the Executive Director, Corporate Services and Transformation, as S151 Officer, once non-standard inflation has been agreed;
6) Approve the service pressure items identified in section 4.8 and Appendix Five to the report.
7) Approve the level and allocation of budget savings as outlined in section 4.9 and Appendix Six to the report;
8) Note the comments of the Executive Director, Corporate Services and Transformation, as S151 Officer, about the robustness of the estimates and adequacy of the reserves as outlined in section 4.10 of the report;
9) Note the details of the Council’s consultation activity as outlined in section 5 of the report;
10)Approve the Council Tax requirement of £369.688m which is calculated as follows:
|
£ |
Budget Before Pressures and Budget Reductions |
579,512,755 |
Plus Service Pressures – on-going |
27,214,156 |
Plus Adult Social Care Precept |
3,555,844 |
Plus Service Pressures - one-off |
17,207,000 |
Less Budget Reductions |
-8,057,000 |
Increase in Debt Charges |
7,000,000 |
Decrease in Risk Management Budget |
-7,975,684 |
Net Budget Requirement |
618,457,071 |
Less Top-Up |
-94,891,733 |
Less Business Rates |
-15,875,000 |
Less Revenue Support Grant |
-14,231,306 |
Less New Homes Bonus |
-1,868,167 |
Less General Grant |
-90,396,308 |
Less PFI Grant |
-10,503,833 |
Less Use of Earmarked Reserves |
-21,003,051 |
Balance to be met from Council Tax |
369,687,673 |
11)Approve the use of the Revenue Contributions to Capital Expenditure Earmarked Reserve to provide one-off support to the 2022-23 Revenue Budget.
12)Authorise the Executive Director, Corporate Services and Transformation, as S151 Officer, to allocate cash limits amongst Cabinet portfolios; Executive Directors will then report to Cabinet on the revised Service Plans for 2022-23.
As the time was approaching 5 o’clock, in accordance with Standing Order 4.1 an extension of the time limited for the meeting was proposed.
On the motion of Councillor B Lewis, duly seconded, it was
RESOLVED
That under rule 4.1 of the Council Procedure Rules the meeting should continue for a period of 25 minutes to enable the remaining business on the agenda to be considered.
Supporting documents: