Decision Maker: Executive
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
To approve the Council's budget proposals for
RESOLVED that the Executive:
1 Agree the draft budget proposals for 2021/22 as the basis for consultation with the Overview & Scrutiny Commission and other interested parties or individuals.
2 Agree the Treasury Management Strategy and associated documents at Annexe E of the Borough Treasurer’s report and request that the Governance and Audit Committee review each of the key elements.
3 Note that the Capital Strategy published in 2019 remains relevant and does not require updating at this time.
4 Agree that the 2021/22 Schools Budget be set at the eventual level of the
Dedicated School Grant income plus any accumulated DSG balances and
additional Council funding of £0.253m (paragraph 8.18 of the Borough Treasurer’s report).
5 Authorise the Executive Member for Children, Young People and Learning to agree the allocation of the sums available for schools funding as set out in
Resolution 4 (above) having regard to the decisions and recommendations of
the Schools Forum and to agree detailed budgets for services centrally
managed by the Council.
6 Agrees that the Council Tax Base be set at 47,624 (Band D equivalents) for
2021/22 as outlined in Annexe H of the Borough Treasurer’s report.
7 Approve the virements relating to the 2020/21 budget as set out in Annexes F and G of the Borough Treasurer’s report and recommends those that are over £0.100m for approval by Council.
The recommendations are designed to allow the Executive to consult on its draft budget proposals for 2021/22 as required by the Local Government Act 2003.
The range of options being considered is included in the Borough Treasurer’s report and its Annexes.
Reason Key: Expenditure >£400,000 & Affects more than 1 ward.;
Wards Affected: (All Wards);
Financial Impact: Central Government grant No financial implications None at this time Revenue savings anticipated Within existing budget
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
Method of Consultation: The Council’s web site, a dedicated mailbox and a letter to all business ratepayers.
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: Arthur Parker, Chief Accountant Email: email@example.com Tel: 01344 352158.
Publication date: 15/12/2020
Date of decision: 15/12/2020
Effective from: 23/12/2020