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Agenda item
Report of the Policy and Resources Committee held on 12 February 2020 - Medium Term Financial Strategy and Budget Proposals 2020/21
Minutes:
It was moved by Councillor Cox, seconded by Councillor Mrs Blackmore, that the recommendations of the Policy and Resources Committee relating to the Medium Term Financial Strategy and budget proposals 2020/21 be approved.
Amendment moved by Councillor McKay, seconded by Councillor Perry, that the recommendations of the Policy and Resources Committee relating to the Medium Term Financial Strategy and Budget Proposals 2020/21 be approved subject to the addition of the following:
18. That it be noted that the Policy and Resources Committee has agreed that any unused Members’ Community Grants for 2019/20 and the first call on any other unused resources from 2019/20 be used to create a one-off provision for Members’ Grants of up to £750 for each Councillor for use in 2020/21.
19. That a further £13,750 be allocated from 2019/20 unused resources to the extent that these are available from the budget surplus, being a further £250 per Councillor, to bring the Members’ Community Grant to up to £1,000 per Councillor on a one-off basis for 2020/21.
AMENDMENT CARRIED
The substantive motion was then put to the vote in two parts. Firstly, recommendations 1-17 and secondly, recommendations 18-19.
As a consequence of the Local Authorities (Standing Orders) (England) (Amendment) Regulations 2014, a named vote was taken on each part of the substantive motion as follows:
Recommendations 1-17
FOR (44)
Councillors Adkinson, Mrs Blackmore, Brice, Brindle, D Burton,
M Burton, Chappell-Tay, Clark, Cox, Cuming, Daley, English, Eves, Fermor, Fissenden, Fort, Garland, Garten, Mrs Gooch, Mrs Grigg, Harper, Harvey, Harwood, Hastie, Mrs Joy, Khadka, Kimmance, Lewins, McKay, Mortimer, Munford, Naghi, Newton, Parfitt-Reid, Perry, Mrs Ring, Mrs Robertson, D Rose, Round, Spooner, Springett, Vizzard, Webb and Young
AGAINST (3)
Councillors Powell, J Sams and T Sams
ABSTENTIONS (0)
SUBSTANTIVE MOTION (PART 1) CARRIED
Recommendations 18-19
FOR (38)
Councillors Adkinson, Brice, Chappell-Tay, Clark, Cox, Cuming, Daley, English, Fermor, Fissenden, Fort, Garland, Garten, Mrs Grigg, Harper, Harvey, Harwood, Hastie, Mrs Joy, Khadka, Kimmance, Lewins, McKay, Mortimer, Munford, Naghi, Parfitt-Reid, Perry, Powell, Mrs Robertson, Round, J Sams, T Sams, Spooner, Springett, Vizzard, Webb and Young
AGAINST (9)
Councillors Mr Blackmore, Brindle, D Burton, M Burton, Eves, Mrs Gooch, Newton, Mrs Ring and D Rose
ABSTENTIONS (0)
SUBSTANTIVE MOTION (PART 2) CARRIED
RESOLVED:
1.
That the revised Revenue Estimates for 2019/20, as
set out in Appendix A to the report of the Policy and Resources
Committee, be agreed.
2.
That the minimum level of General Fund Balances be
set at £2 million for 2020/21.
3. That the Strategic Revenue Projection, as set out in Appendix A to the report of the Policy and Resources Committee, be endorsed as the basis for future financial planning.
4.
That the proposed Council Tax of £265.59 at
Band D for 2020/21 be agreed.
5.
That the Revenue Estimates for 2020/21, as set out
in Appendix A to the report of the Policy and Resources Committee,
be agreed.
6.
That the Statement of Earmarked Reserves and General
Fund Balances, as set out in Appendix A to the report of the Policy
and Resources Committee, be agreed.
7.
That the funding of the Capital Programme, as set
out in Appendix A to the report of the Policy and Resources
Committee, be agreed.
8. That the Capital Programme, as set out in Appendix A to the report of the Policy and Resources Committee, be agreed.
9. That the Medium Term Financial Strategy, as set out in Appendix A to the report of the Policy and Resources Committee, be agreed.
10.
That the Treasury Management, Investment and Capital
Strategies, as set out within Appendix A to the report of the
Policy and Resources Committee, be agreed.
11.
That it be noted that the Council’s Council
Tax base for the year 2020/21 has been calculated as 63,319.8 in
accordance with Regulation 3 of the Local Authorities (Calculation
of Council Tax Base) regulations 1992.
12.
That it be noted that in accordance with Government
guidance the yield from business rates has been calculated as
£57,316,553.
13.
That it be noted that the individual parish area tax
bases set out in Appendix B are calculated in accordance with
Regulation 6 of the Regulations and are the amounts of the Council
Tax Base for the year for dwellings in those parts of the
Council’s area to which a special item relates.
14.
That the Council Tax requirement for the
Council’s own purposes for 2020/21 (excluding parish
precepts) is £16,817,106.
15.
That the following amounts now be calculated by the
Council for the year 2020/21 in accordance with Section 32-36 of
the Local Government Finance Act 1992 as amended by the Localism
Act 2011:-
(a) |
£88,959,681 |
being the aggregate of the amounts which the Council estimates for the items set out in Section 32(2) of the Act taking into account all precepts issued to it by Parish Councils. |
(b) |
£70,013,930 |
being the aggregate of the amounts which the Council estimates for the items set out in Section 32(3) of the Act. |
(c) |
£18,945,751 |
being the amount by which the aggregate at 15(a) above exceeds the aggregate at 15(b) above, calculated by the Council in accordance with Section 32(4) of the Act as its Council Tax requirement for the year. (Item R in the formula in Section 32(4) of the Act). |
(d) |
£299.21 |
being the amount at 15(c) above (Item R), all divided by the figure stated at 11 above (Item T in the formula in Section 33(1) of the Act), calculated by the Council, in accordance with Section 33 of the Act, as the basic amount of its Council Tax for the year (including parish precepts). |
(e) |
£2,128,645 |
being the aggregate amount of all special items (parish precepts) referred to in Section 34(1) of the Act (as per the attached Appendix B). |
(f) |
£265.59 |
being the amount at 15(d) above less the result given by dividing the amount at 15(e) above by the tax base given in 11 above, calculated by the Council, in accordance with Section 34(2) of the Act, as the basic amount of its Council Tax for the year for dwellings in those parts of its area to which no parish precept relates. |
16.
That it be noted that
for the year 2020/21 Kent County Council, the Kent Police &
Crime Commissioner and the Kent & Medway Fire & Rescue
Authority have stated the following amounts in precepts issued to
the Council, in accordance with Section 40 of the Local Government
Finance Act 1992, for each of the categories of dwellings shown
below:-
Valuation Bands
|
KCC PRECEPT £ |
KCC ADULT SOCIAL CARE £ |
KPCC £ |
KMFRA £ |
A |
821.76 |
79.08 |
135.43 |
52.86 |
B |
958.72 |
92.26 |
158.01 |
61.67 |
C |
1095.68 |
105.44 |
180.58 |
70.48 |
D |
1232.64 |
118.62 |
203.15 |
79.29 |
E |
1506.56 |
144.98 |
248.29 |
96.91 |
F |
1780.48 |
171.34 |
293.44 |
114.53 |
G |
2054.40 |
197.70 |
338.58 |
132.15 |
H |
2465.28 |
237.24 |
406.30 |
158.58 |
17. That, having calculated the aggregate in each case of the amounts at 15 (d), and 16 above, the Council, in accordance with Section 30 (2) of the Local Government Finance Act 1992, hereby sets out in Appendix C, the amounts of Council Tax for the year 2020/21 for each of the categories of dwellings shown.
18. That it be noted that the Policy and Resources Committee has agreed that any unused Members’ Community Grants for 2019/20 and the first call on any other unused resources from 2019/20 be used to create a one-off provision for Members’ Grants of up to £750 for each Councillor for use in 2020/21.
19. That a further £13,750 be allocated from 2019/20 unused resources to the extent that these are available from the budget surplus, being a further £250 per Councillor, to bring the Members’ Community Grant to up to £1,000 per Councillor on a one-off basis for 2020/21.
Supporting documents:
- Council 26-02-20 - MTFS Covering Report, item 116. PDF 66 KB View as HTML (116./1) 47 KB
- Appendix A - Budget Book, item 116. PDF 4 MB
- Appendix B - Schedule of Council Tax Base and Additional Council Tax in Parts of the Area with Parish Precepts 2020-21, item 116. PDF 92 KB
- Appendix C - Schedule of Council Tax levels for all Bands and all Parts of the area, item 116. PDF 71 KB
- Appendix B, item 116. PDF 92 KB
- Appendix C, item 116. PDF 71 KB