Issue - meetings

RESOLVED:

That:

1

The Single Corporate Vision & Strategic Priorities for 2012/13 (Appendix A) be approved, and;

2

the proposed revisions to Service Revenue Budgets (Appendix C) be approved, and;

3

the sum of £26,262 be applied from Collection Fund surpluses in reducing the Council Tax demand in 2012/13 (Appendix E) be approved, and;

4

it be noted that on 23^rd November 2011, the Council calculated the Council Tax Base 2012/13 for the whole Council area as 23,378 [Item T in the formula in Section 31B(3) of the Local Government Finance Act 1992, as amended (the "Act")], and;

5

the calculation for Council Tax requirement for the Council’s own purposes for 2012/13 is £3,496,180 (Appendix E), and;

6

the following amounts as calculated for the year 2012/13 in accordance with Sections 31 to 36 of the Act be approved, and;

a.      £48,551,140 being the aggregate of the amounts which the Council estimates for the items set out in Section 31A(2) of the Act (Outgoings excluding internal GF recharges);

b.      £45,054,960 being the aggregate of the amounts which the Council estimates for the items set out in Section 31A(3) of the Act (Income excluding internal GF recharges);

c.      £3,496,180 being the amount by which the aggregate at 6(a) above exceeds the aggregate at 6(b) above, calculated by the Council in accordance with Section 31A(4) of the Act as its Council Tax requirement for the year (Item R in the formula in Section 31A(4) of the Act);

d.      £149.55 being the amount at 6(c) above (Item R), all divided by Item T (2 above), calculated by the Council, in accordance with Section 31B(1) of the Act, as the basic amount of its Council Tax for the year;

7

a freeze in the Council Tax level for Tamworth Borough Council for 2012/13 at £149.55 (the same level as in 2011/12) at Band D with compensatory funding from the Government for 2012/13 only be approved, and;

8

an aggregate Council Tax (comprising the respective demands of Tamworth Borough Council, Staffordshire County Council, Staffordshire Police Authority and Stoke-on-Trent and Staffordshire Fire and Rescue Authority) of £1,423.61 at Band D for 2012/13 be noted (Appendix H), be approved, and;

9

the Council Tax levels at each band for 2012/13 (Appendix H) be approved, and;

10

the sum of £770,420 be transferred from General Fund Revenue Balances in 2012/13 (Appendix E), and;

11

the Summary General Fund Revenue Budget for 2012/13 (Appendix E) be approved, and;

12

the Provisional Budgets for 2013/14 to 2015/16, summarised at Appendix G, as the basis for future planning be approved, and;

13

the minimum level for balances of £500k to be held for each of the General Fund, Housing Revenue Account, General Capital Fund & Housing Capital Fund be approved, and;

14

Cabinet be authorised to release funding from the General  ...  view the full minutes text for item 67