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Agenda item

Revenue Budget Report 2022-23 - Managing Director & Executive Director Corporate Services & Transformation

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: