Agenda item

RESOLVED:

That the District Executive recommended to Council:

a.

approval of the overall Revenue Budget for 2016/17 of £17,291,300 and the Revenue Account Summary as shown at Appendix A and note future year projections outlined in paragraph 44;

b.

approval of the detailed budgets for the District Executive and four Area Committees as shown at Appendix B;

c.

approve the increase of 1.95% (£2.88 per annum) in the Council Tax for 2016/17 for South Somerset District Council, which will result in a Band D charge of £150.63;

d.

approve a further increase of 1.25% (£1.85 per annum) to cover the precept for the Somerset Rivers Authority, producing an overall increase of 3.2% (£4.73 per annum) in the Council Tax for 2016/17 for South Somerset District Council, which will result in an overall Band D charge of £152.48;

e.

approve a further increase of 1.25% (£1.85 per annum) to cover the precept for the Somerset Rivers Authority, producing an overall increase of 3.2% (£4.73 per annum) in the Council Tax for 2016/17 for South Somerset District Council, which will result in an overall Band D charge of £152.48;

f.

approval of the savings proposals in Appendix D in conjunction with the Equalities Impact Schedule at Appendix F;

g.

approve the once-off items of expenditure as shown in Appendix E;

h.

note the current position and future estimation of reserves and balances as shown in paragraphs 69-72;

i.

approval of the revised Capital Programme as shown in Appendix H;

j.

approval of the new schemes to be included in the Capital Programme as shown in Appendix I;

k.

note the scoring of new capital schemes outlined in Appendix K;

l.

note the proposed funding of the Capital Programme as shown in paragraph 83;

m.

note the detailed Capital Investment appraisal forms for new schemes, as shown at Appendix J;

n.

approve the setting aside of £2.5 million from capital reserves for transformation costs to be delegated to District Executive;

o.

approval in principle the use of new capital receipts to fund revenue costs pending a detailed report to District Executive.

Reason:

To seek approval for the proposed 2016/17 Revenue Budget, Medium Term Financial Plan (Revenue Budgets for 2016/17 to 2020/21) and the Capital Programme that will be recommended to Full Council. 

RESOLVED:

That the District Executive recommended to Council:

a.

approval of the overall Revenue Budget for 2016/17 of £17,291,300 and the Revenue Account Summary as shown at Appendix A and note future year projections outlined in paragraph 44;

b.

approval of the detailed budgets for the District Executive and four Area Committees as shown at Appendix B;

c.

approve the increase of 1.95% (£2.88 per annum) in the Council Tax for 2016/17 for South Somerset District Council, which will result in a Band D charge of £150.63;

d.

approve a further increase of 1.25% (£1.85 per annum) to cover the precept for the Somerset Rivers Authority, producing an overall increase of 3.2% (£4.73 per annum) in the Council Tax for 2016/17 for South Somerset District Council, which will result in an overall Band D charge of £152.48;

e.

approve a further increase of 1.25% (£1.85 per annum) to cover the precept for the Somerset Rivers Authority, producing an overall increase of 3.2% (£4.73 per annum) in the Council Tax for 2016/17 for South Somerset District Council, which will result in an overall Band D charge of £152.48;

f.

approval of the savings proposals in Appendix D in conjunction with the Equalities Impact Schedule at Appendix F;

g.

approve the once-off items of expenditure as shown in Appendix E;

h.

note the current position and future estimation of reserves and balances as shown in paragraphs 69-72;

i.

approval of the revised Capital Programme as shown in Appendix H;

j.

approval of the new schemes to be included in the Capital Programme as shown in Appendix I;

k.

note the scoring of new capital schemes outlined in Appendix K;

l.

note the proposed funding of the Capital Programme as shown in paragraph 83;

m.

note the detailed Capital Investment appraisal forms for new schemes, as shown at Appendix J;

n.

approve the setting aside of £2.5 million from capital reserves for transformation costs to be delegated to District Executive;

o.

approval in principle the use of new capital receipts to fund revenue costs pending a detailed report to District Executive.

Reason:

To seek approval for the proposed 2016/17 Revenue Budget, Medium Term Financial Plan (Revenue Budgets for 2016/17 to 2020/21) and the Capital Programme that will be recommended to Full Council.