Agenda item
Report of the Cabinet held on 8 February 2012 - Budget Strategy - Corporate Revenue and Capital Budgets 2012/13 Onwards
- Meeting of Council, Wednesday 29th February, 2012 6.30 pm (Item 89.)
- View the background to item 89.
Minutes:
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 Tax requirement for the Council’s own purposes for 2012/13 (excluding Parish precepts) be calculated as £13,901,596.
13. That the following amounts now be calculated by the Council for the year 2012/13 in accordance with Sections 31A, 31B and 34-36 of the Local Government Finance Act 1992 as amended by the Localism Act 2011:-
(a) |
£94,194,616 |
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) |
£79,516,251 |
being the aggregate of the amounts which the Council estimates for the items set out in Section 31A(3) of the Act. |
(c) |
£14,678,365 |
being the amount by which the aggregate at 13(a)
above exceeds the aggregate at 13(b) above, calculated by the
Council in accordance with Section 31A(4) of the Act as its Council
Tax requirement for the year (Item R in the formula in Section
31A(4) of the Act). |
(d) |
£240.69 |
being the amount at 13(c) above (Item R), all divided by
the figure stated at 10 above (Item T in the formula in Section
31A(4) of the Act), calculated by the Council, in accordance with
Section 31B(1) of the Act, as the basic amount of its Council Tax
for the year (including Parish precepts). |
(e) |
£1,115,812 |
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) |
£222.39 |
being the amount at 13(d) above less the result given by dividing the amount at 13(e) above by the tax base given in 10 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. |
14. That it be noted that for the year 2012/13 Kent County Council, the Kent Police Authority and the Kent and Medway Towns Fire 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 £ |
KPA £ |
KMTFA £ |
A |
698.52 |
92.45 |
45.30 |
B |
814.94 |
107.86 |
52.85 |
C |
931.36 |
123.27 |
60.40 |
D |
1,047.78 |
138.68 |
67.95 |
E |
1,280.62 |
169.50 |
83.05 |
F |
1,513.46 |
200.32 |
98.15 |
G |
1,746.30 |
231.13 |
113.25 |
H |
2,095.56 |
277.36 |
135.90 |
15. That, having calculated the aggregate in each case of the amounts at 13 (d) and 14 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 2012/13 for each of the categories of dwellings shown.
Supporting documents:
- Report of the Cabinet - Budget Strategy 2012-13 Onwards, item 89. PDF 120 KB View as HTML (89./1) 87 KB
- Appendix A_Budget Book, item 89. PDF 1 MB
- Report of the Cabinet - Budget Strategy Appendix B, item 89. PDF 44 KB
- Report of the Cabinet - Budget Strategy Appendix C, item 89. PDF 62 KB
- Report of the Cabinet - Budget Strategy Appendix B, item 89. PDF 44 KB
- Report of the Cabinet - Budget Strategy Appendix C, item 89. PDF 62 KB