Issue - meetings

Final Revenue Budget 2022/23 and Medium-Term Financial Strategy 2022/23 to 2024/25

Meeting: 24/02/2022 - Council (Item 258)

258 Revenue Budget 2022/23 and Medium Term Financial Strategy 2022/23 to 2024/25 pdf icon PDF 89 KB

Recommendation:

Cabinet

 

(10 February 2022)

 

Additional documents:

Minutes:

(i)            Further to item 9 on the Summons, the Council received the Recommendation of the Cabinet meeting held on 10 February 2022.

 

(ii)          The Mayor requested that Members, in making the decision on this item, had regard to the Cabinet report of 10 February 2022, the sections on equalities, the equality impact assessments and the results of the budget consultation.

 

A tabled amendment was received, duly seconded and was lost.  The voting was as follows:

 

In favour of the amendment:  Councillors Almond, Ashton, Baxter, Benjamin, Chauhan, Greek, Hall, Hinkley, Hirani, Jogia, Karia, Lammiman, Dr Lewinson, Moshenson, Janet Mote, Osborn, Mina Parmar, Anjana Patel, Pritesh Patel, Rabadia, Seymour, Stevenson, Thakker and Wright.

 

Against the amendment:  His Worshipful the Mayor Councillor Ghazanfar Ali, Councillors Dan Anderson, Jeff Anderson, Sue Anderson, Assad, Borio, Brown, Butterworth, Dattani, Ferry, Gilligan, Graham Henson, Maxine Henson, Lee, Maru, Miles, Murphy-Strachan, O’Dell, Parekh, Varsha Parmar, Primesh Patel, Perry, Proctor, Ramchandani, Robson, Sachin Shah, Smith, Krishna Suresh, Sasikala Suresh, Swersky and Dr Weiss.

 

Absent: Councillor Kareema Marikar

 

Upon the meeting moving to the vote on the substantive Recommendation it was carried.  The voting was as follows:

 

In Favour of the Recommendation:  His Worshipful the Mayor Councillor Ghazanfar Ali, Councillors Dan Anderson, Jeff Anderson, Sue Anderson, Assad, Borio, Brown, Butterworth, Dattani, Ferry, Gilligan, Graham Henson, Maxine Henson, Lee, Maru, Miles, Murphy-Strachan, O’Dell, Parekh, Varsha Parmar, Primesh Patel, Perry, Proctor, Ramchandani, Robson, Sachin Shah, Smith, Krishna Suresh, Sasikala Suresh, Swersky and Dr Weiss.

 

Against the Recommendation:  Councillors Almond, Ashton, Baxter, Benjamin, Chauhan, Greek, Hall, Hinkley, Hirani, Jogia, Karia, Lammiman, Dr Lewinson, Moshenson, Janet Mote, Osborn, Mina Parmar, Anjana Patel, Pritesh Patel, Rabadia, Seymour, Stevenson, Thakker and Wright.

 

Absent:  Councillor Kareema Marikar

 

RESOLVED:

 

That

 

(1)          the 2022/23 budget be approved, being mindful of the results of the various consultations and equality impact assessments, to enable the Council Tax for 2022/23 to be set (Appendix 15 to the officer report refers);

 

(2)          the Model Council Tax Resolution 2022/23, as set out in Appendix 11 on Cabinet second supplemental agenda, be approved;

 

(3)          in accordance with Section 38 (2) of the Local Government Finance Act 1992, the Chief Executive be authorised to place a notice in the local press of the amounts set under recommendation 2 above within a period of 21 days following the Council’s decision;

 

(4)          the Medium-Term Financial Strategy (MTFS), as set out in Appendix 2 to the officer report, be approved;

 

(5)          the 2022/23 Members’ Allowance Scheme, as set out in Appendix 12 to the officer report, be approved;

 

(6)          the 2022/23 Annual Pay Policy Statement, as set out in Appendix 13 to the officer report, be approved; and

 

(7)          the Capital Receipts Flexibility Strategy, as set out in Appendix 14 to the officer report, be approved.


Meeting: 10/02/2022 - Cabinet (Item 608)

608 Final Revenue Budget 2022/23 and Medium-Term Financial Strategy 2022/23 to 2024/25 pdf icon PDF 920 KB

Report of the Director of Finance.

Additional documents:

Minutes:

Resolved to RECOMMEND:  to Council

 

That

 

(1)            the 2022/23 budget be approved, being mindful of the results of the various consultations and equality impact assessments, to enable the Council Tax for 2022/23 to be set (Appendix 15 to the officer report refers); 

 

(2)            the Model Council Tax Resolution 2022/23 as set out in Appendix 11 to the officer report, be approved;

 

(3)            in accordance with Section 38 (2) of the Local Government Finance Act 1992, the Chief Executive be authorised to place a notice in the local press of the amounts set under recommendation 2 above within a period of 21 days following the Council’s decision;

 

(4)            the Medium-Term Financial Strategy (MTFS) as set out in Appendix 2 to the officer report, be approved;

 

(5)            the 2022/23 Members’ Allowance Scheme, as set out in Appendix 12 to the officer report, be approved;

 

(6)            the 2022/23 Annual Pay Policy Statement, as set out in Appendix 13 to the officer report, be approved; and

 

(7)            the Capital Receipts Flexibility Strategy, as set out in Appendix 14 to the officer report, be approved.

 

[Call-in does not apply to the decisions above as they are reserved to full Council.]

 

RESOLVED:  To note

 

(8)            the balanced budget position for 2022/23 and 2024/25 and the budget gap of £16.593m for 2023/24 (Table 2a to the officer report);

 

(9)            the use of £14.7m Budget Planning Reserve MTFS to achieve the balanced budget position for 2022/23, which was reversed out in the following year (Table 2a, paragraph 1.49 to the officer report);

 

(10)        the intention to increase Council Tax by 1.99% in 2022/23 (paragraph 1.21 to the officer report);

 

(11)        the intention to increase Council Tax by a further 1% in 2022/23 in respect of the Adult Social Care Precept (paragraph 1.21 to the officer report);

 

(12)        the 2022/23 budgets for Schools and Public Health as set out in Appendices 6 & 7 to the officer report;

(13)        the assumed funding for the protection of social care 2022/23 through the Better Care Fund as set out in paragraphs 1.62 to 1.65 to the officer report; and

 

(14)        the requirement to develop a robust finance strategy to address the predicted MTFS shortfall of £16.593m ready for presentation to the incoming administration in May 2022 (Paragraphs 1.69 to 1.73 to the officer report).

 

Reason for Recommendations: To ensure that the Council set a balanced budget for 2022/23.

 

Alternative Options Considered and Rejected:  As set out in the report.

 

Conflict of Interest relating to the matter declared by Cabinet Member/Dispensation Granted:  None.