Issue - meetings
Corporate Vision, Priorities Plan, Budget & Medium Term Financial Strategy 2019/20
Meeting: 26/02/2019 - Council (Item 63)
63 Corporate Vision, Priorities Plan, Budget & Medium Term Financial Strategy 2019/20 
PDF 509 KB
(Leader of the Council)
This item is being considered at Cabinet on Monday 25th February 2019, a verbal update will be provided on any amendments as a result of that meeting.
Additional documents:
- Appendix N Corporate Vision, Priorities Plan, Budget & Medium Term Financial Strategy 2019/20, item 63
PDF 597 KB
- Appendix O Corporate Vision, Priorities Plan, Budget & Medium Term Financial Strategy 2019/20, item 63
PDF 292 KB
- Appendix P Corporate Vision, Priorities Plan, Budget & Medium Term Financial Strategy 2019/20, item 63
PDF 217 KB
Minutes:
The Leader of the Council proposed the Vision Statement, Priority Themes, Corporate Priorities and Outcomes and their inclusion in the Corporate Plan and Support Service Plan.
The recommendation package of budget proposals to enable the Council to agree the:
·General Fund (GF) Revenue Budget and Council Tax for 2019/20;
·Housing Revenue Account (HRA) Budget for 2019/20;
·5 Year General Fund Capital Programme (2019/24);
·5 Year HRA Capital Programme (2019/24);
·3 Year General Fund Medium Term Financial Strategy (MTFS) (2019/22); and
·5 Year HRA Medium Term Financial Strategy (MTFS) (2019/24).
To comply with the requirement of the Council’s Treasury Management Policy in reporting to Council the proposed strategy for the forthcoming year and the Local Government Act 2003 with the reporting of the Prudential Indicators
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RESOLVED |
That Council approved;
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1 |
The Vision Statement, Priority Themes, Corporate Priorities and Outcomes for 2019/20
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2 |
The proposed revisions to Service Revenue Budgets (Policy Changes)
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3 |
The sum of £62,517 be applied from Council Tax Collection Fund surpluses in reducing the Council Tax demand in 2019/20
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4 |
The sum of £752,887 be applied from Business Rates Collection Fund surpluses in 2019/20
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5 |
That on 29th November 2018, the Cabinet calculated the Council Tax Base 2019/20 for the whole Council area as 21,761 [Item T in the formula in Section 31B(3) of the Local Government Finance Act 1992, as amended (the "Act")] |
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6 |
That the Council Tax requirement for the Council’s own purposes for 2019/20 is £3,849,303 |
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7 |
The following amounts as calculated for the year 2019/20 in accordance with Sections 31 to 36 of the Act: a. £49,832,645 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. £45,983,342 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. £3,849,303 being the amount by which the aggregate at 7(a) above exceeds the aggregate at 7(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. £176.89 being the amount at 7(c) above (Item R), all divided by Item T (at 5 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;
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8 |
The Council Tax level for the Borough Council for 2019/20 of £176.89 (an increase of £5.14 (2.99%) on the 2018/19 level of £171.75) at Band D; |
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9 |
An aggregate Council Tax (comprising the respective demands of the Borough Council, Staffordshire County Council, Office of the Police and Crime Commissioner Staffordshire and Stoke-on-Trent and Staffordshire Fire and Rescue Authority) of £1,715.41 at Band D for 2019/20 be noted (£1,648.36 in 2018/19) |
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10 |
The Council Tax levels at each band for 2019/20 |
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11 |
The sum of £1,408,174 be transferred from General ... view the full minutes text for item 63 |
Meeting: 25/02/2019 - Cabinet (Item 7)
7 Corporate Vision, Priorities Plan, Budget & Medium Term Financial Strategy 2019/20 PDF 509 KB
(Report of the Leader of the Council)
Additional documents:
- Appendix N Corporate Vision, Priorities Plan, Budget & Medium Term Financial Strategy 2019/20, item 7
PDF 597 KB
- Appendix O Corporate Vision, Priorities Plan, Budget & Medium Term Financial Strategy 2019/20, item 7
PDF 292 KB
- Appendix P Corporate Vision, Priorities Plan, Budget & Medium Term Financial Strategy 2019/20, item 7
PDF 217 KB
Minutes:
The Leader of the Council proposed the Vision Statement, Priority Themes, Corporate Priorities and Outcomes and their inclusion in the Corporate Plan and Support Service Plan.
The recommendation package of budget proposals to enable the Council to agree the:
·General Fund (GF) Revenue Budget and Council Tax for 2019/20;
·Housing Revenue Account (HRA) Budget for 2019/20;
·5 Year General Fund Capital Programme (2019/24);
·5 Year HRA Capital Programme (2019/24);
·3 Year General Fund Medium Term Financial Strategy (MTFS) (2019/22); and
·5 Year HRA Medium Term Financial Strategy (MTFS) (2019/24).
To comply with the requirement of the Council’s Treasury Management Policy in reporting to Council the proposed strategy for the forthcoming year and the Local Government Act 2003 with the reporting of the Prudential Indicators
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RESOLVED |
That Cabinet endorsed the following recommendations to proceed to Council
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1 |
The Vision Statement, Priority Themes, Corporate Priorities and Outcomes for 2019/20
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|
2 |
The proposed revisions to Service Revenue Budgets (Policy Changes)
|
|
3 |
The sum of £62,517 be applied from Council Tax Collection Fund surpluses in reducing the Council Tax demand in 2019/20
|
|
4 |
The sum of £752,887 be applied from Business Rates Collection Fund surpluses in 2019/20
|
|
5 |
That on 29th November 2018, the Cabinet calculated the Council Tax Base 2019/20 for the whole Council area as 21,761 [Item T in the formula in Section 31B(3) of the Local Government Finance Act 1992, as amended (the "Act")] |
|
6 |
That the Council Tax requirement for the Council’s own purposes for 2019/20 is £3,849,303 |
|
7 |
The following amounts as calculated for the year 2019/20 in accordance with Sections 31 to 36 of the Act: a. £49,832,645 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. £45,983,342 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. £3,849,303 being the amount by which the aggregate at 7(a) above exceeds the aggregate at 7(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. £176.89 being the amount at 7(c) above (Item R), all divided by Item T (at 5 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;
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8 |
The Council Tax level for the Borough Council for 2019/20 of £176.89 (an increase of £5.14 (2.99%) on the 2018/19 level of £171.75) at Band D; |
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9 |
An aggregate Council Tax (comprising the respective demands of the Borough Council, Staffordshire County Council, Office of the Police and Crime Commissioner Staffordshire and Stoke-on-Trent and Staffordshire Fire and Rescue Authority) of £1,715.41 at Band D for 2019/20 be noted (£1,648.36 in 2018/19) |
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10 |
The Council Tax levels at each band for 2019/20 |
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11 |
