Decision details

Revenue Budget 2020/21

Decision Maker: Executive

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To approve the Council's budget proposals for consultation.

Decision:

 

       i.          the draft budget proposals for 2020/21 as the basis for consultation with the Overview & Scrutiny Commission and other interested parties or individuals are agreed.

 

      ii.          Directors are authorised to implement inflationary increases to fees and charges as soon as practicable in the current financial year.

 

     iii.          the Treasury Management Strategy and associated documents at Annexe E for the Director:Finance’s report is agreed and requests that the Governance and Audit  Committee review each of the key elements.

 

    iv.          the Capital Strategy published in 2019 remains relevant and does not

require updating at this time.

 

      v.          the 2020/21 Schools Budget be set at the eventual level of the Dedicated School Grant income plus any accumulated DSG balances and additional Council funding of £0.308m (paragraph 8.23 of the Director:Finance’s report).

 

    vi.          the Executive Member for Children, Young People and Learning be authorised to agree the allocation of the sums available for schools funding as set out in recommendation 2.5 having regard to the decisions and recommendations of the Schools Forum and to agree detailed budgets for services centrally managed by the Council.

 

   vii.          the virements relating to the 2019/20 budget as set out in Annexes G

and H of the Director:Finance’s report are approved and recommend those that are over £0.100m for approval by Council.

Reasons for the decision:

The recommendations are designed to allow the Executive to consult on its draft

budget proposals for 2020/21 as required by the Local Government Act 2003.

Alternative options considered:

The range of options being considered is included in the report and its Annexes.

Interests and Nature of Interests Declared:

None

Reason Key: Expenditure >£400,000 & Affects more than 1 ward.;

Wards Affected: (All Wards);

Financial Impact: Council's annual budget

Declarations: None

Subject to Urgent Proceedings: No

Making Representations: In writing to the Director: Finance.

Other reasons / organisations consulted

Targeted consultation exercises will be undertaken with business rate payers, the Schools Forum, Parish Councils and voluntary organisations. In addition, this report and all the supporting information will be publicly available to any individual or group who wish to comment on any proposal included within it. Internal consultation is via officers, members and more specifically the Overview & Scrutiny Commission and its panels.

Method of Consultation: The Council’s web site, a dedicated mailbox and a letter to all business ratepayers.

Consultees

Targeted consultation exercises will be undertaken with business rate payers, the Schools Forum, Parish Councils and voluntary organisations. In addition, this report and all the supporting information will be publicly available to any individual or group who wish to comment on any proposal included within it. Internal consultation is via officers, members and more specifically the Overview & Scrutiny Commission and its panels.

Contact: Stuart McKellar, Director: Finance Email: stuart.mckellar@bracknell-forest.gov.uk Tel: 01344 352205, Arthur Parker, Chief Accountant Email: arthur.parker@bracknell-forest.gov.uk Tel: 01344 352158.

Report author: Stuart McKellar

Publication date: 17/12/2019

Date of decision: 17/12/2019

Decided at meeting: 17/12/2019 - Executive

Effective from: 26/12/2019

Accompanying Documents: