Decision details

2020/21 Draft Revenue and Capital Budgets and Medium Term Financial Plan

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Decision Maker: District Executive

Decision status: Recommmend Forward to Council

Is Key decision?: No

Is subject to call in?: No

Decision:

RESOLVED:	That District Executive:-
	a.	recommend that Full Council approves the Net Revenue Budget for 2020/21 of £15,207,150, as set out in the Revenue Account Summary (paragraph 41) and in detail in Appendix A for the District Executive and four Area Committees, subject to any final amendments;
	b.	recommend to Full Council a 2020/21 Council tax annual increase of 2.99%, increasing the annual Band D rate by £5.00 to £172.11. Full Council to note this new annual rate comprises £170.26 for SSDC services, raising £10,448,932, and £1.85 on behalf of the Somerset Rivers Authority, raising £112,315;
	c.	recommends to Full Council the prioritisation of Business Rates pooling gain to Regeneration as detailed in paragraph 39;
	d.	recommends that Full Council approves the new capital programme as shown in Appendix D, which includes an additional funding request of £1.887m as detailed in paragraph 63.
Reason:	To set out the Draft Budget and proposed council tax for 2020/21 to enable Executive to recommend proposals to Full Council for approval.

Publication date: 06/02/2020

Date of decision: 06/02/2020

Decided at meeting: 06/02/2020 - District Executive

Accompanying Documents: