Decision details

RESOLVED:

That Full Council agreed to:-

a.

approve the Net Revenue Budget for 2018/19 of £16.483m, as set out in the Budget Requirement Estimates (paragraph 22, Table 3a) and detailed in Appendix A for the District Executive and four Area Committees;

b.

approve the 2018/19 Council tax increase of £5, increasing the annual Band D basic rate by 3.18% to £162.48; and notes this total basic rate comprises £160.63 for SSDC services and £1.85 for the Somerset Rivers Authority;

c.

approve the transfer of £468k from earmarked reserve balances to assist with the shortfall on the Transformation budget, as detailed in Table 10, paragraphs 52 and 53, and note the remaining balances;

d.

approve the additions to the Capital Programme for new capital bids of £1.987m as shown in Appendix E;

e.

note the Minimum Revenue Provision (MRP) Statement and Capital Prudential Indicators as attached at Appendix H.

Reason:

To approve the proposed Budget and Council Tax for 2018/19.