Agenda item

To receive and, where necessary, adopt reports of Committees

Minutes of Meetings:

Resolved:

That the minutes of the following Committees and Cabinet meetings be received.

To adopt Recommendations from the following:

Cabinet – 12 February 2020

Revenue Budget and Council Tax Proposals 2020/21

The Finance Portfolio Holder introduced the item by delivering her annual budget speech. Following the introduction by Government of a new law in 2014 relating to certain budget decisions, the council was now required to take a recorded vote on both this item and item 11, To adopt a resolution relating to the Council Tax for 2020/21.

The Head of Legal and Democratic Services took the vote. Members voted as follows;

Resolved:

1.  That the Revised Forecast for 2019/20 as set out in Column 3 of Annex 1 to the report be approved.

2.  That a transfer to the Town Centres Rejuvenation Reserve of £65,600 in 2020/21 be approved as detailed in paragraph 4.10, subject to it not being required to offset any significant changes in the Final Local Government Finance Settlement.

3.  That the Savings Options, Income Generation Proposals and Revenue Pressures as set out in Annexes 2 – 4 to the report be approved.

4.  That subject to recommendation 3 above and taking due regard of the Head of Finance’s comments in Annex 8 to the report, the budget for 2020/21 as set out in Column 6 of Annex 1 be approved.

5.  That subject to recommendations 3 and 4 above, the revenue estimates for each Service contained in Annex 7 to the report be approved.

6.  That a Council Tax Requirement for 2020/21 of £9,360,605 be approved.

7.  That a Special Expenses Levy of £344,513 be made in respect of the area of Andover to cover the cost of providing burial grounds, public halls, sports grounds and playgrounds as detailed in Annex 9 to the report.

8.  That a general precept of £7,299,271 be levied for the year 2020/21.

9.  That the Medium Term Forecast contained in Annex 6 to the report be noted.

10.  That a Band D Council Tax excluding Parishes and Special Expenses of £146.41 in 2020/21 be approved – an increase of £5 on 2019/20 levels.

11.  That delegated authority be given to the Head of Finance in consultation with the Leader, Finance Portfolio Holder and the Chief Executive to make changes to the budget following Cabinet to take account of new issues, changes to figures notified by Parish Councils or any late changes in the final Local Government Finance Settlement.