Agenda item

279.1

Minutes of Meetings

Resolved:

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

279.1.1

Southern Area Planning Committee – 8 January 2019

279.1.2

Cabinet – 16 January 2019

279.1.3

Overview and Scrutiny Committee – 21 January 2019

279.1.4

Northern Area Planning Committee – 24 January 2019

279.1.5

Southern Area Planning Committee – 29 January 2019

279.1.6

Cabinet – 13 February 2019

279.1.7

Northern Area Planning Committee – 14 February 2019

279.1.8

Southern Area Planning Committee – 19 February 2019

279.1.9

Overview & Scrutiny Committee – 20 February 2019

279.2

To adopt recommendations from the following:

279.2.1

Cabinet – 13 February 2019

279.2.1.1

Treasury Management Strategy Statement and Annual Investment Strategy 2019/20

Resolved:

1.  That the Treasury Management Strategy Statement and the Annual Investment Strategy for 2019/20 as set out in the report be approved.

2.  That the Minimum Revenue Provision (MRP) policy be approved.

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

279.2.1.2

Revenue Budget and Council Tax Proposals 2019/20

The Economic Portfolio Holder introduced the item by delivering his 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 8, To adopt a resolution relating to the Council Tax for 2019/20.

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

Resolved:

1.  That the Revised Forecast for 2018/19 as set out in Column 3 of Annex 1 be approved.

2.  That a transfer of £500,000 to the Asset Management Plan in 2018/19 be approved as detailed in paragraph 3.5.

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

4.  That subject to recommendation 3 above and taking due regard of the Head of Finance’s comments in Annex 8, the budget for 2019/20 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 be approved.

6.  That a Council Tax Requirement for 2019/20 of £8,868,722 be approved.

7.  That a Special Expenses Levy of £346,804 be made in respect of the area of Andover to cover the cost of providing burial grounds, public halls, sports grounds and playgrounds.

8.  That a general precept of £6,924,282 be levied for the year 2019/20.

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

10.  That a Band D Council Tax excluding Parishes and Special Expenses of £141.41 in 2019/20 be approved – a freeze at 2018/19 levels.

11.  That a draw from the Collection Fund Equalisation Reserve of £61,200 in 2019/20 be approved as detailed in paragraph 4.5.

12.  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.