Decision details
Revenue Budget 2015/16 - Medium Term Financial Plan and Capital Programme
Decision Maker: District Executive
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
Decision:
RESOLVED: |
That District Executive recommended to Council to:- |
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a. |
note the report of the Scrutiny Task and Finish Group attached at Appendix A; |
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b. |
approve the overall Revenue Budget for 2015/16 of £17,389,600 and the General Account Summary as shown at Appendix B and note future year projection; |
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c. |
approve the detailed budgets for the District Executive and four Area Committees as shown at Appendix C; |
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d. |
approve there is no increase in the Council Tax for 2015/16 for South Somerset District Council, which will result in a continuing Band D charge of £150.74; |
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e. |
approve the additional expenditure for budget pressure bids as shown in Appendix D; |
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f. |
approve the savings proposals in Appendix E in conjunction with the Equalities Impact Schedule at Appendix G; |
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g. |
approve the once-off items of expenditure as shown in Appendix F; |
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h. |
approve the transfer of the NDR surplus (£0.9595 million) to the NDR Volatility Reserve; |
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i. |
note the current position and future estimation of reserves and balances as shown in paragraphs 53-56; |
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j. |
approve the revised Capital Programme as shown in Appendix H; |
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k. |
approve the new schemes to be included in the Capital Programme as shown in Appendix I; |
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l. |
note the scoring of new capital schemes outlined in Appendix K; |
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m. |
note the proposed funding of the Capital Programme as shown in paragraph 66; |
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n. |
note the detailed Capital Investment appraisal forms for new schemes, as shown at Appendix J. |
Reason: |
To seek approval for the proposed 2015/16 Revenue Budget, Medium Term Financial Plan (Revenue Budgets for 2015/16 to 2019/20) and the Capital Programme that will be recommended to Full Council. |
(Voting: 8 in favour, 0 against, 2 abstentions)
Report author: Donna Parham
Publication date: 05/02/2015
Date of decision: 05/02/2015
Decided at meeting: 05/02/2015 - District Executive
Accompanying Documents: