Agenda item

To consider the attached report which presents the revenue and capital budgets together with proposals for increases in Council Tax and the Adult Social Care Precept for 2022/23.

Cllr Richard Samuel moved the officer recommendation with the following revision:

That the budget proposal to Council on 15^th / 16^th February reflects the following change to Annex 2(i) – “2022/23 to 2024/25 Budget Savings and Income proposals”,

Removal of the following item:

And incorporation of the saving requirement into the following item for achievement through a wider review of parking charges income.

A revised Annex 2(i) reflecting this change is attached as an appendix to the minutes.

This was seconded by Cllr Kevin Guy.

RESOLVED (unanimously) to recommend that Council approves:

a)  The General Fund net revenue budget for 2022/23 of £126.74m and the individual service cash limits for 2022/23 as outlined in Annex 1 of the report.

b)  The amended savings and income plans as set out in revised Annex 2(i) (attached as an appendix to the minutes), funding requirements 2(ii) in conjunction with the Equalities Impact Assessment Report in Annex 3 of the report.

c)  An increase in Council Tax of 1.99% in 2022/23 (an increase of £30.44 per Band D property or 59p per week).

d)  An increase of 1% to Council Tax for the Adult Social Care Precept is approved in recognition of the current demands and financial pressures on this service. This is equivalent to an increase of £15.29 on a Band D property (29p per week).

e)  The movement in reserves outlined in section 5.6 and the adequacy of Un-earmarked Reserves at £12.58m within a risk assessed range requirement of £11.9m - £13.2m.

f)  The Efficiency Strategy attached at Annex 4 of the report.

g)  The Capital Programme for 2022/23 of £96.064m including new and emerging capital bids outlined in Annex 5(i), planned sources of funding in 5.8.2, and notes the programme for 2022/23 to 2026/27 and that any wholly funded projects coming forward during the year will be added to the Capital Programme in line with the Budget Management Scheme.

h)  The delegation of implementation, subject to consultation where appropriate, of the capital programmes set out in Annex 5(i) to Annex 5(iv) of the report to the relevant Director in Consultation with the appropriate Portfolio Holder.

i)  The Community Infrastructure Levy (CIL) allocations and amendments outlined in Annex 5(v) of the report.

j)  The Capital & Investment Strategy attached at Annex 6 of the report.

k)   The MRP Policy attached at Annex 7 of the report.

l)  The Establishment and funding of a Business Change Hub outlined in paragraph 5.2.6 of the report.

m)  The Capital Prudential Indicators outlined in paragraph 5.8.7 of the report.

n)  The Annual Pay Policy Statement at Annex 8 of the report.

o)  The Community Contribution Fund pilot 12-month extension outlined section 5.5 of the report.