Decision details
2019/20 Draft Revenue and Capital Budgets and Medium Term Financial Plan
Decision Maker: District Executive
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Decision:
RESOLVED: |
That District Executive:- |
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a. |
recommend that Full Council approves the Net Revenue Budget for 2019/20 of £16,197,800, as set out in the Revenue Account Summary (paragraph 46) and in detail in Appendix A for the District Executive and four Area Committees, subject to any final amendments;
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b. |
recommend to Full Council a 2019/20 Council tax annual increase of 2.85%, increasing the annual Band D rate by £4.63 to £167.11. Full Council to note this new annual rate comprises £165.26 for SSDC services, raising £9,959,571, and £1.85 on behalf of the Somerset Rivers Authority, raising £111,492; |
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c. |
recommends to Full Council the reprioritisation of £2.5m from the MTFP support fund to Regeneration as detailed in paragraph 43;
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recommends that Full Council approves the additions to the Capital Programme for new capital bids of £1.7395m as shown in Appendix D.
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Reason: |
To set out the Draft Budget and proposed council tax for 2019/20 to enable Executive to recommend proposals to Full Council for approval. The report is based on the Medium Term Financial Plan (Revenue Budgets for 2019/20 to 2023/24) and also includes proposed additions to the Capital Programme. |
(Voting: 9 in favour, 0 against, 1 abstention)
Publication date: 07/02/2019
Date of decision: 07/02/2019
Decided at meeting: 07/02/2019 - District Executive
Accompanying Documents:
- 13 MTFP DX Report Feb19 V2 PDF 223 KB
- 13 MTFP Appendix A Revenue Budget 1920 PDF 384 KB
- 13 MTFP Appendix B Savings 1920 PDF 41 KB
- 13 MTFP Appendix C Budget Pressures 1920 PDF 50 KB
- 13 MTFP Appendix D Capital Programme V2 (003) PDF 139 KB
- 13 MTFP Appendix E Recommended Schemes 1920 PDF 63 KB
- 13 MTFP Appendix F Capital bids 1920 PDF 348 KB