Agenda item

To receive and, where necessary, adopt reports of Committees.

    Minutes of Meetings:

  Resolved:

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

Cabinet – 18 January 2023

Overview and Scrutiny Committee – 23 January 2023

Southern Area Planning Committee – 31 January 2023

Northern Area Planning Committee – 16 February 2023

Southern Area Planning Committee – 21 February 2023

Cabinet – 22 February 2023

To adopt Recommendations from the following:

Cabinet – 22 February 2023

Capital Strategy Update 2022/23 to 2027/28

Resolved:

That the Capital Strategy 2022/23 to 2027/28 be approved.

Treasury Management Statement

Resolved:

1.  That the Treasury Management Strategy Statement and the Annual Investment Strategy for 2023/24, as set out in the report, be approved.

2.  That the Minimum Revenue Provision (MRP) policy, as shown in paragraph 3.5 in the report, be approved.

3.  That the Prudential Indicators, as set out in Annex 1 to the report, be approved.

Capital Programme Update 2022/23 to 2024/25

Recommended:

That the revised estimates and financing for the 2022/23 to 2024/25 Capital Programme as shown in the Annex to the report, be approved.

Revenue Budget and Council Tax Proposals 2022/23

The Finance and Resources Portfolio Holder introduced the item by delivering her annual budget speech. A balanced budget has been

achieved, no front line services have been cut and the proposed

Council Tax increase was below the rate of inflation.

As required by law, the Head of Legal and Democratic Services

took the vote on the original motion, Councillors voted as follows:

Resolved:

1.  That the Forecast for 2023/24, as set out in Column 3 of Annex 1 to the report, be noted.

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

3.  That the transfers to or from reserves, as detailed in paragraph 4.35 in the report, be approved.

4.  That subject to recommendations 2 and 3 above and taking due regard of the Head of Finance and Revenues’ comments in Annex 8 to the report, the budget for 2023/24, as set out in Column 6 of Annex 1 to the report, be approved.

5.  That subject to recommendations 2, 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 2023/24 of £10,585,319 be approved.

7.  That a Special Expenses Levy of £343,667 be made in respect of the area of Andover to cover the cost of providing burial grounds, sports grounds and playgrounds, as set out in Annex 9, to the report.

8.  That a general precept of £8,258,235 be levied for the year 2023/24.

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 £158.91 in 2023/24 be approved.