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:- |
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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;
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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;
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c. |
approve the prioritisation of Business Rates pooling gain to Regeneration as detailed in paragraph 38;
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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.
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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:
- 8 Draft Budget and MTFP Report Feb2020 PDF 224 KB
- 8 Appendix A Revenue Budgets 20-21 PDF 180 KB
- 8 Appendix B Savings 20-21 PDF 61 KB
- 8 Appendix C Budget Pressures 20-21 PDF 65 KB
- 8 Appendix D - Capital Programme 2020-21 PDF 340 KB
- 8 Appendix E Recommended Schemes 20-21 PDF 16 KB
- 8 Appendix F Capital Bids 20-21 PDF 1 MB