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Corporate Vision, Priorities Plan, Budget & Medium Term Financial Strategy 2014/15

 

 

Meeting: 25/02/2014 - Council (Item 58)

58 Corporate Vision, Priorities Plan, Budget & Medium Term Financial Strategy 2014/15 pdf icon PDF 653 KB

(Report of the Leader of the Council and Cabinet)

Additional documents:

Minutes:

The Report of the Leader of the Council and Cabinet seeking approval for the Single Corporate Vision and Strategic Priorities for 2014/15 was considered.

 

A named vote was taken in accordance with the Local Authorities (Standing Orders) (England) (Amendment) Regulations 2014, paragraph 11.

 

For                                          Against                                  Abstained

 

S Claymore                                                                            M Clarke

T Clements                                                                            C Cooke

D Cook                                                                                   J Faulkner

S Doyle                                                                                  D Foster

K Gant                                                                                    G Hirons

M Gant                                                                                    J Jenkins

J Garner                                                                                 M McDermid

M Greatorex                                                                           R McDermid

A James                                                                                 K Norchi

R Kingstone                                                                           S Peaple

R Pritchard                                                                             P Seekings

S Pritchard                                                                             P Standen

E Rowe

M Thurgood

 

 

RESOLVED:

 

That Council approved:

 

1

The Single Corporate Vision and Strategic Priorities for 2014/15;

 

2

The proposed revisions to Service Revenue Budgets;

 

3

The sum of £53,509 be applied from Collection Fund surpluses in reducing the Council tax demand in 2014/15;

 

4

It be noted that on 28 November 2013, the Council calculated the Council Tax Base 2014/15 for the whole Council area as 20,389 [Item T in the formula in Section 31B(3) of the Local Government Finance Act 1992, as amended (the “Act”)];

 

5

Calculate that the Council Tax requirement for the Council’s own purposes for 2014/15 is £3,170,490;

 

6

The following amounts as calculated for the year 2014/15 in accordance with Section 31 to 36 of the Act:

  1. £55,380,738 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);
  2. £52,210,248 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);
  3. £3,170,490 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);
  4. £155.50 being the amount at 6(c) above (Item R), all divided by Item T (at 4 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

The Council Tax level for Tamworth Borough Council for 2013/14 of £155.50 (an increase of £3.00 (1.97%) on the 2013/14 level of £152.50) at Band D;

 

8

An aggregate Council Tax (comprising the respective demands of Tamworth Borough Council, Staffordshire County Council, Office of the Police and Crime Commissioner Staffordshire and Stoke-on-Trent and Staffordshire Fire and Rescue Authority) of £1,428.00 at Band D for 2014/15 be noted;

 

9

The Council Tax levels at each band for 2014/15;

 

10

The sum of £1,195,653 be transferred from General Fund Revenue Balances in 2014/15;

 

11

The Summary General Fund Revenue Budget for 2014/15;

 

12

The Provisional Budgets for 2015/16 to 2016/17 as the basis for future planning;

 

13

The minimum level for balances of £500,000 to be held for each of the General Fund, Housing Revenue Account, General Capital Fund  ...  view the full minutes text for item 58

Meeting: 20/02/2014 - Cabinet (Item 106)

106 Corporate Vision, Priorities Plan, Budget & Medium Term Financial Strategy 2014/15 pdf icon PDF 652 KB

(Report of the Leader of the Council)

Additional documents:

Minutes:

The Report of the Leader of the Council seeking approval for the Single Corporate Vision and Strategic Priorities for 2014/15, the recommended package of budget proposals and 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 was considered.

 

RESOLVED:

That all 26 recommendations as contained in the report be approved.

 

(Moved by Councillor D Cook and seconded by Councillor R Pritchard)