Issue - meetings

To approve the Council's Final General Fund Budget for 2020/21, projected 2019/20 General Fund Budget and final proposals for the 2020/21 Council Tax and Council Tax Support Scheme

Reports and Appendices attached

The Main Debate related to item 4 on the agenda.

The Leader then presented the 2020/2021 Budget, projected 2019/20 General Fund Budget and final proposals for the 2020/21 Council Tax and Council Tax Support Scheme.  The Leader moved the Motion, recommendations of the Executive and the formal Council Tax Resolution that was circulated around the Chamber.

Council agreed to an additional recommendation that officers report back on the feasibility and implications of allowing members to roll forward, within limits, their Local Community Budgets at the financial year end.

After a full debate, a recorded vote* was taken and it was RESOLVED:

1.         That the following be approved:

a.         the revised working revenue estimates for the year 2019/20 amounting to £9,678,680 and the revenue estimates for 2020/21 amounting to £9,069,830;

b.         the contribution from balances totalling £924,606 in 2019/20;

c.         the contribution from balances totalling £349,030 in 2020/21.

2.         That it be noted that at its meeting on 22 January 2020 the Executive calculated the amount of 27,780.7 Band D equivalent properties as its council tax base for the year 2020/21 in accordance with Regulation 3 of the Local Authorities (Calculation of Council Tax Base) Regulations 1992 made under Section 31B of the Local Government Finance Act 1992 as amended by Section 74 of the Localism Act 2011.

3.         That the following amounts be calculated by the Council for the year 2020/21 in accordance with Sections 31 to 36 of the Local Government Finance Act 1992 as  amended by Section 74 of the Localism Act 2011:

a.         £82,599,746  Being the aggregate of the amounts which the Council estimates for the items set out in Section 31A(2)(a) to (f) of the Act, less the aggregate of the amounts which the Council estimates for the items set out in Section 31A(3)(a) to (d)

b.         £76,611,145  Being the aggregate of the amounts which the Council estimates for the items set out in Section 31A(3)(a) to (d) of the Act.

c.         £5,988,601    Being the amount by which the aggregate at 3a above exceeds the aggregate at 3b above, calculated by the Council in accordance with Section 31A(4) of the Act as its Council Tax requirement for the year.

d.         £215.57          Being the amount at 3c divided by the amount at 2 above, calculated by the Council, in accordance with Section 31B (1) of the Act, as the basic amount of its council tax for the year

e.         Valuation Bands     

            A         £  143.71

            B         £  167.67

            C         £  191.62

            D         £  215.57

            E         £  263.47

            F          £  311.38

            G         £  359.28

            H         £  431.14

Being the amounts given by multiplying the amount at 3d. above by the number which, in the proportion set out in Section 5(1) of the Act, is applicable to dwellings listed in a particular valuation band divided by the number which in that proportion is applicable to dwellings listed in valuation D, calculated by the Council, in accordance with Section 36(1) of the Act, as the amounts to be taken into account  ...  view the full decision text for item 4.