Agenda item

2018/19 Revenue and Capital Budget and Medium Term Financial Plan

Decision:

 

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.

(Voting: 46 in favour, 0 against, 1 abstention)

Minutes:

The Portfolio Holder for Finance and Legal Services thanked the finance team for preparing a clear budget report and for answering Members questions at the Scrutiny Committee meeting.  He advised that a balanced budget was proposed with no cuts to services despite significant funding cuts.  He referred to the efficiencies gained in Transformation and the income from the commercial strategy.  He proposed the £5 increase in Council Tax for the year and noted that SSDC provided over 50 services to the community for £3.08 per week which he said was value for money. 

 

Councillor Neil Bloomfield asked what the impact would have been on the budget if the Council had not agreed a 1.9% reduction in Council Tax in 2015?  The Leader of Council said that a written reply would be provided.

 

In response to questions from Members, the Section 151 Officer advised that in the Treasury Management report on page 126 of the Agenda, there was a projection of the Council’s need to borrow.  Depending on the progress of capital investment, if cash reserves were used first then SSDC would need to borrow to support capital spending in 2019. 

 

At the conclusion of the debate, the recommendations were proposed and seconded and a named vote was taken.  Members were content to approve the Revenue Budget for 2018/19 and the Council Tax increase and remaining recommendations of the report. 

 

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.

(Voting: 46 in favour, 0 against, 1 abstention)

 

 

 

For

Against

Abstain

1

CLARE APARICIO PAUL

 

x

 

 

2

JASON BAKER

 

Absent

 

 

3

CATHY BAKEWELL

 

x

 

 

4

MARCUS BARRETT

 

Absent

 

 

5

MIKE BEECH

 

Absent

 

 

6

MIKE BEST

 

x

 

 

7

NEIL BLOOMFIELD

 

x

 

 

8

AMANDA BROOM

 

x

 

 

9

DAVE BULMER

 

x

 

 

10

HAYWARD BURT

 

x

 

 

11

TONY CAPOZZOLI

 

x

 

 

12

JOHN CLARK

 

 

 

x

13

NICK COLBERT

 

Absent

 

 

14

ADAM DANCE

 

x

 

 

15

GYE DIBBEN

 

Absent

 

 

16

SARAH DYKE

 

x

 

 

17

JOHN FIELD

 

Absent

 

 

18

NIGEL GAGE

 

x

 

 

19

CAROL GOODALL

 

x

 

 

20

ANNA GROSKOP

 

Absent

 

 

21

PETER GUBBINS

 

x

 

 

22

HENRY HOBHOUSE

 

x

 

 

23

KAYSAR HUSSEIN

 

x

 

 

24

VAL KEITCH

 

x

 

 

25

ANDY KENDALL

 

x

 

 

26

JENNY KENTON

 

x

 

 

27

MICHAEL LEWIS

 

x

 

 

28

SARAH LINDSAY

 

x

 

 

29

MIKE LOCK

 

x

 

 

30

TONY LOCK

 

x

 

 

31

PAUL MAXWELL

 

x

 

 

32

SAM MCALLISTER

 

Absent

 

 

33

GRAHAM MIDDLETON

 

x

 

 

34

DAVID NORRIS

 

Absent

 

 

35

GRAHAM OAKES

 

x

 

 

36

SUE OSBORNE

 

x

 

 

37

TIFFANY OSBORNE

 

x

 

 

38

STEPHEN PAGE

 

x

 

 

39

RIC PALLISTER

 

x

 

 

40

CRISPIN RAIKES

 

x

 

 

41

WES READ

 

x

 

 

42

DAVID RECARDO

 

x

 

 

43

JO ROUNDELL GREENE

 

Absent

 

 

44

DEAN RUDDLE

 

x

 

 

45

 

SYLVIA SEAL

 

x

 

 

46

GINA SEATON

 

x

 

 

47

PETER SEIB

 

x

 

 

48

GARRY SHORTLAND

 

Absent

 

 

49

ANGIE SINGLETON

 

x

 

 

50

ALAN SMITH

 

x

 

 

51

SUE STEELE

 

x

 

 

52

ROB STICKLAND

 

x

 

 

53

GERARD TUCKER

 

x

 

 

54

ANDREW TURPIN

 

x

 

 

55

LINDA VIJEH

 

x

 

 

56

MARTIN WALE

 

Absent

 

 

57

WILLIAM WALLACE

 

x

 

 

58

NICK WEEKS

 

Absent

 

 

59

COLIN WINDER

 

x

 

 

60

DEREK YEOMANS

 

x

 

 

 

Supporting documents: