Before calling upon Councillor Garland to move the recommendations of the Cabinet relating to the Budget Strategy - Corporate Revenue and Capital Budgets 2012/13 onwards, the Mayor reminded Members that, in accordance with Council Procedure Rule 16.4, each Group Leader could speak for up to ten minutes when moving his/her Group’s budget proposals.

It was moved by Councillor Garland, seconded by Councillor Hotson, that the recommendations of the Cabinet relating to the Budget Strategy - Corporate Revenue and Capital Budgets 2012/13 onwards be approved.

Amendment moved by Councillor FitzGerald, seconded by Councillor Mrs Gooch, that the recommendations of the Cabinet to the Council relating to the Budget Strategy – Corporate Revenue and Capital Budgets 2012/13 onwards be approved subject to the following amendment:-

That £15,000 of the £23,380 shown as Mayoral and Civic Services savings be reinstated to support the work of the Mayor and that an equivalent saving be made from Members’ Facilities and Members’ Allowances etc.

AMENDMENT LOST

The original motion was put to the vote and carried.

RESOLVED:

1.  That the revised revenue estimates for 2011/12, as set out in Appendix A to the report of the Cabinet (circulated separately), be agreed.

2.  That the minimum level of General Fund Balances be set at £2m for 2012/13.

3.  That the proposed Council Tax of £222.39 at Band D for 2012/13 (a second year freeze at 2010/11 values) be agreed.

4.  That the revenue estimates for 2012/13 incorporating the growth and savings items, as set out in Appendix A to the report of the Cabinet, be agreed.

5.  That the Statement of Reserves and Balances, as set out in Appendix A to the report of the Cabinet, be agreed.

6.  That the Capital Programme, as set out in Appendix A to the report of the Cabinet, be agreed.

7.  That the funding of the Capital Programme, as set out in Appendix A to the report of the Cabinet, be agreed.

8.  That the Medium Term Financial Strategy, as set out in Appendix A to the report of the Cabinet, be agreed.

9.  That the Medium Term Financial Projection, as set out in Appendix A to the report of the Cabinet, be endorsed as the basis for future financial planning.

10.  That it be noted that, at the meeting of the General Purposes Group on 14 December 2011, the Group calculated the Council’s Council Tax base for the year 2012/13 in accordance with Regulations made under Section 33(5) of the Local Government Finance Act 1992, as 60,985.3 being the amount calculated in accordance with Regulation 3 of the Local Authorities (Calculation of Council Tax Base) regulations 1992.

11.  That it be noted that, as detailed in Appendix B, the Council Tax Base for each of the Parish Areas, calculated in accordance with Regulation 6 of the Regulations, are the amounts of its Council Tax Base for the year for dwellings in those parts of its area to which a special item relates (Parish precepts).

12.  That the Council  ...  view the full minutes text for item 89

DECISION MADE:

That Council be recommended to:

  a)  Agree the revised revenue estimate for 2011/12, as set out in Appendices B and C of the report of the Corporate Leadership Team, as modified, if necessary, by any actions agreed as a result of the Third Quarter Budget Monitoring Report for 2011/12;

  b)  Agree the revenue estimate for 2012/13 as set out in Appendices B and C of the report of the Corporate Leadership Team, incorporating the growth and savings items;

  c)  Agree that the minimum level of General Fund balances be set at £2m for 2012/13;

  d)  Agree to set a level of working balances for day to day activity for 2012/13 of £2.3m;

  e)  Agree the proposal not to update the capital programme subject to any changes agreed in the Third Quarter Budget Monitoring Report for 2011/12;

  f)  Agree a Council Tax level of £222.39 at Band D for 2012/13 (a second year freeze at 2010/11 values);

  g)  Endorse the Medium term Financial Strategy as set out in Appendix F to the report of the Corporate Leadership Team;

  h)  Agree the Council Tax requirement and the Estimates for 2012/13 relating to the report of the Corporate Leadership Team, as required by the Local Government Finance Act 1992 and as amended by the Localism Act 2011.