Decision Maker: Cabinet, Full Council
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
The Council has a statutory responsibility to
set a council tax and budget in advance of the commencement of the
new financial year (1 April to 31 March). During 2020/21 the
Council will review its spending plans, consider options to amend
spending to meet new priorities and consider comments received as
part of the consultation process. This report will set the budget
and level of council tax for the year 2021/2022 taking into account
the above factors.
That Full Council be recommended to approve the following items regarding the 2021/22 Budget:
a) to approve the proposed 2021/22 General Fund Budget including savings and growth as set out in paragraph 6.4,
b) to approve the proposed 2021/22 Housing Revenue Account Budget as set out in section 10 and Appendix 3 of the report,
c) to agree to ringfence £435,000 of useable capital receipts for investment in the Town Centre as a result of using Government funding on the Heat Network to avoid having to repay the grant,
d) to agree to increase the capital budget for 2021/22 for temporary accommodation acquisition by £826,300 to be funded from the earmarked homelessness acquisition reserve,
e) to approve the 2020/21 and future years Capital Programme and funding as set out in paragraph 11.6 of the report,
f) to agree that the Council’s share of Council Tax for 2021/22 be increased by 2.37% (£4.95) from £208.89 to £213.84 for a band D property as set out in paragraph 13.3,
g) to approve the Pay Policy Statement for 2021/2022 as outlined in paragraph 16.3 and Appendix 6 of the report.
h) to approve the CBC Pricing Strategy as outlined in Appendix 7 of the report.
Reasons for the Recommendations
To provide adequate funding for the proposed level of services and to fulfil the statutory requirement to set a Budget and Council Tax and report on the robustness of estimates.
Report author: Karen Hayes
Publication date: 09/02/2021
Date of decision: 03/02/2021
Decided at meeting: 03/02/2021 - Cabinet