Contact your Parish Council
Issue - meetings
Budget Strategy 2015 16 Onwards
Meeting: 11/02/2015 - Cabinet. (Item 131)
131 Report of the Director of Regeneration and Communities - Budget Strategy 2015 16 Onwards PDF 178 KB
Additional documents:
- Appendix A - Risk Management, item 131 PDF 179 KB
- AppendixBCapitalBudgetMonitoringQtr3, item 131 PDF 46 KB View as HTML (131/3) 70 KB
- Appendix C - Parish LCTS Grant, item 131 PDF 251 KB
- Appendix D - Budget Strategy Savings, item 131 PDF 136 KB
- AppendixEBudgetStrategyEstimate, item 131 PDF 147 KB View as HTML (131/6) 735 KB
- Appendix F - Capital Programme, item 131 PDF 268 KB
- Appendix G - Balances and Earmarked Reserves, item 131 PDF 77 KB
- Appendix H - Revenue MTFS, item 131 PDF 177 KB View as HTML (131/9) 54 KB
- Appendix I - Capital MTFS, item 131 PDF 82 KB View as HTML (131/10) 29 KB
Minutes:
The Cabinet considered the
report of the Director of Regeneration and Communities regarding
the Budget Strategy for 2015/16 onwards.
Following consideration of the financial risks over the medium
term, as set out in the report, the Cabinet resolved to recommend
to Council a budget based upon a 1.99% increase in the level of
Council Tax.
RESOLVED to RECOMMEND to COUNCIL:
(1) That the revised
estimates for 2014/15 as set out in Appendix A
to
the report of the Cabinet be agreed;
(2) That the minimum
level of General Fund Balances be set at £2m for
2015/16;
(3) That the proposed
Council Tax of £235.71 at Band D for 2015/16 be
agreed;
(4) That the revenue
estimates for 2015/16 incorporating the growth
and savings items set out in Appendix A be agreed;
(5) That the
Statement of Earmarked Reserves and General Fund
Balances as set out in Appendix A be agreed;
(6) That the Capital
Programme, as set out in Appendix A be agreed;
(7) That the Capital
Programme, as set out in Appendix A be agreed;
(8) That the funding
of the Capital Programme as set out in Appendix
A be
agreed;
(9) That the
Strategic Revenue Projection, as set out in Appendix A
as
the basis for future financial planning be endorsed;
(10) That it be noted that the
Council’s Council Tax base for the year
2015/16 has been calculated as 56974.3 in accordance with
Regulation 3 of the Local Authorities (Calculation of Council
Tax
Base) regulations 1992;
(11) That it be noted that
in accordance with Governance guidance the
yield from business rates has been calculated as
£58,252,075;
(12) 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;
(13) That the distribution of
Local Council Tax Support funding to parish
councils, as set out in Appendix C, be approved;
(14) That the Council Tax
requirement for the Council’s own purposes
for 2015/16 (excluding Parish precepts) is £13,429,412;
(15) That the following amounts now be calculated by the
Council for
the year 2015/16 in accordance with Section 31A, 31B and
34-36
of
the Local Government Finance Act 1992 as amended by the
Localism Act 2011:-
(a) |
£80,506,490 |
being the aggregate of the amounts which the Council estimates for the items set out in Section 31A(2) of the Act taking into account all precepts issued to it by Parish Councils. |
(b) |
£65,683,120 |
being the aggregate of the amounts which the Council estimates for the items set out in Section 31A(3) of the Act. |
(c) |
£14,823,370 |
being the amount by which the aggregate at 16(a) above exceeds the aggregate at 16(b) above, calculated by the Council in accordance with Section 31A(4) of the Act as its Council Tax requirement for the year. ... view the full minutes text for item 131 |