Decision details

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

Decision Maker: South Somerset District Council

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

 

RESOLVED:

That Full Council agreed to:-

 

a.

approve the Net Revenue Budget for 2020/21 of £15,207,150, as set out in the Revenue Account Summary (paragraph 40) and in detail in Appendix A for the District Executive and four Area Committees, subject to any final amendments;

 

 

b.

approve 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.

approve the prioritisation of Business Rates pooling gain to Regeneration as detailed in paragraph 38;

 

 

d.

approve the new capital programme as shown in Appendix D, with includes an additional funding request of £1.887m as detailed in paragraph 62.

 

Reason:

To approve the proposed budget and council tax for 2020/21. This report is based on the Medium Term Financial Plan (Revenue Budgets.

(Voting: 43 in favour, 0 against, 1 abstention)

Publication date: 20/02/2020

Date of decision: 19/02/2020

Decided at meeting: 19/02/2020 - South Somerset District Council

Accompanying Documents: