Issue - meetings

Report number CHFCS90 by the Assets and Resources Portfolio Holder presented on behalf of the Cabinet:                                 (Enclosure)

PART A:

• Revenue Estimates 2010/11 and indicative budgets 2011/12 to 2012/13  (Appendix A);
• Capital estimates 2010/11 to 2012/13 (Appendix B);
• Reserves Statement (Appendix C);
• Fees and Charges 2010/11 (Appendix D);
• Treasury Management Strategy (Appendix E);
• Risks to the Budget (Appendix F);
• Priority Theme Action Plans (Appendix G).

PART B:

• Council Tax setting 2010/11

NOTE: Please can members bring their budget books to the meeting.

PART A: Revenue Estimates 2009/10 and indicative budget 2010/11 and 2011/12

DECISION:

That the Council:-

General Fund Revenue Estimate

a.)  set a General Fund budget requirement of £16.416M for 2010/11 (inclusive of special expenses) and note the indicative budget requirement figures of £15.893M for 2011/12 and £16.115M for 2012/13

b.)   set a Council Tax increase of 2.5% for 2010/11 (1.2% inclusive of special expense areas)

c.)  approve the original base estimate for 2010/11 and indicative base estimates for 2011/12 and 2012/13 as detailed in the summary at Appendix A page 1

d.)  approve the Treasury Management Strategy provided at Appendix E

e.)  approve increases in Fees and Charges for 2010/11 (in accordance with the Council’s Fees and Charges Strategy) as set out in Appendix D

f.)    approve the Revenue and Capital Reserves statement contained at Appendix C

g.)  continue the fundamental review of services where the projected income levels show a continued reduction to ensure the allocated resources are proportionally aligned

h.)  approve a revised funding allocation of £56K per annum in respect of the town centre partnerships

i.)    approve a service review programme to ensure all services delivered are cost efficient, aligned to priorities and providing value for money to the taxpayer

j.)    approve the growth in the base budgets in respect of the following:

• Choice based lettings set up costs
• Provision for additional benefits assessor
• Civilian parking enforcement set up costs
• Creation of priority action plans provision
• Efficiency initiatives provision
• Service initiatives provision

k.)  set cash releasing efficiency targets for each service area at corporate level in order for the Council to achieve its overall efficiency target

l.)    approve the use of the Housing and Planning Delivery Grant in respect of the works associated with the Local Development Framework

m.)approve the priority theme action plans as detailed at Appendix G

n.)   approve the use of the priority themes and service improvement reserve to financially support the ‘next steps’ programme

Capital Programme

o.)  note the forecast outturn Capital Programme for 2009/10 and approve the indicative programme for 2010/11 to 2012/13 detailed at Appendix B pages 1-3

p.)  authorise the funding proposals subject to an annual review of the financing options by the Corporate Head of Finance and Customer Services, in consultation with the Resources and Assets Portfolio Holder, during the preparation of the Statement of Accounts to optimise the use of Council resources.

q.)  approve the setting of a cash releasing efficiency target in respect of the Capital programme

Housing Revenue Account (HRA)

r.)   set dwelling rent increases in accordance with Government guideline rent, of 3.1% providing an average rent of £61.86 (and an actual average rental increase of 1.78%)

s.)  set an increase in garage rents of 3.1%

t.)    increase service charges by 3.1%

u.)  approve the Housing Revenue Account for the year 2010/11 and indicative years 2011/12 and 2012/13 shown at Appendix A page 9

v.)  approve the setting of a cash releasing efficiency target in respect of the Housing Revenue Account

PART B: Council Tax  ...  view the full minutes text for item 83

• Revenue Estimates 2010/11 and indicative budget 2011/12 to 2012/13
• Capital Estimates 2010/11 to 2012/13
• Reserves Statement
• Fees and Charges
• Treasury Management Strategy

Report number CHFCS87 by the Corporate Head of Finance and Customer Services.

                                                                                                            (Enclosure)

DECISION:

          General Fund Revenue Estimate

          That Cabinet recommends parts a. to n. to Council:

a.    to set a General Fund budget requirement of £16.416M for 2010/11 (inclusive of special expenses) and note the indicative budget requirement figures of £15.893M for 2011/12 and £16.115M for 2012/13

b.    to set a Council Tax increase of 2.5% for 2010/11 (1.2% inclusive of special expense areas)

c.     to approve the original base estimate for 2010/11 and indicative base estimates for 2011/12 and 2012/13 as detailed in the summary at Appendix A page 1;

d.    to approve the Treasury Management Strategy provided at Appendix E;

e.    to approve increases in Fees and Charges for 2010/11 (in accordance with the Council’s Fees and Charges Strategy) as set out in Appendix D

f.      to approve the Revenue and Capital Reserves statement contained at Appendix C

g.    to continue the fundamental review of services where the projected income levels show a continued reduction to ensure the allocated resources are proportionally aligned. 

h.    To approve a revised funding allocation of £56K per annum in respect of the town centre partnerships

i.       To approve a service review programme to ensure all services delivered are cost efficient, aligned to priorities and providing value for money to the taxpayer

j.      To approve the growth in the base budgets in respect of the following:

o       Choice based lettings set up costs (one-off)

o       Provision for additional benefits assessor

o       Civilian parking enforcement set up costs (one-off)

o       Creation of priority action plans provision

o       Efficiency initiatives provision

o       Service initiatives provision

k.    To set cash releasing efficiency targets for each service area at corporate level in order for the Council to achieve its overall efficiency target

l.       to approve the use of the Housing and Planning Delivery Grant in respect of the works associated with the Local Development Framework

m.to receive and consider at the meeting, the analysis of the outcome of budget consultation

n.    to approve the use of the priority themes and service improvement reserve to financially support the ‘next steps’ programme

Capital Programme

That Cabinet recommends parts o. to q. to Council:

o.    to note the forecast outturn Capital Programme for 2009/10 and approve the indicative programme for 2010/11 to 2012/13 detailed at Appendix B pages 1-3

p.    to authorise the funding proposals subject to an annual review of the financing options by the Corporate Head of Finance and Customer Services, in consultation with the Resources and Assets Portfolio Holder, during the preparation of the Statement of Accounts to optimise the use of Council resources.

q.    To approve the setting of a cash releasing efficiency target in respect of the Capital programme

Housing Revenue Account (HRA)

That Cabinet recommends parts r. to v. to Council:

r.     to set dwelling rent increases in accordance with Government guideline rent, of 3.1% providing an average rent of £61.86 (and an actual average rental increase of 1.78%)

s.     to set an increase in garage rents of 3.1%

t.      to increase service charges by  ...  view the full minutes text for item 54