Agenda item

Draft Revenue Budget 2019/20 to 2021/22

To consider the report of the Director (NE) (reference 18/300) attached

 

Minutes:

The Cabinet considered a report by the Director (NE) (Reference 18/300) in respect of the Council’s detailed draft revenue proposals for 2019/20 as well as the high level budget proposals and strategy for the period to 2022.  Introducing the report, the Portfolio Holder for Corporate Investment, Councillor Mallory  commended the draft revenue budget to go out now to consultation, and encouraged councillors and the public to take part in this exercise, before the finalised budget was brought to full Council in March.  The Corporate Finance Manager then commented on the report, noting the Council’s longer term approach to budget setting which was starting to pay dividends.  She added that 2019/20 was the last year of the four year funding settlement, but the Council found itself in a strong position to manage the uncertainty post 19/20.  Councillor Cockerill, the Portfolio Holder for Major Projects proposed an additional recommendation concerning the erection of a steel replica statue of a traditional coble on Filey Coble Landing.  He explained that the total project had been costed at £30k, including maintenance, with £5k allocated from the Borough’s Community Investment Fund.  He had now received pledges covering the total cost which had been approved by Filey Town Council the previous month.  The recommendation was for the Borough Council, as owner of the statue and responsible for its maintenance, to be the Accountable Body for the project with final approval to accept the monies and spend up to £30k delegated to the Director, Mr Edwards. Councillor Cockerill was advised by the Monitoring Officer, Mrs Dixon that this proposal could be approved in principle by the Cabinet but would need to be the subject of a separate report for a decision by the relevant Portfolio Holder.

RESOLVED that the Cabinet:

 

1.    approve the Council Tax Base for 2019/20 as 38,397 Band D equivalent properties and a one-off Council Tax Collection Fund surplus of £1.29m, the Council’s share of which is £165,297;

 

2.    approve that in future years the authority to approve the Council Tax Base and Collection Fund surplus or deficit be delegated to the Council’s Section 151 Officer;

 

3.    approve that the authority to approve the NNDR1 Return and Business Rates Collection Fund surplus for 2019/20 and future years be delegated to the Council’s Section 151 Officer;

 

 

4.    endorse the draft revenue budget proposals set out in the appendices to this report prior to them being re-presented to Cabinet and Full Council for approval in early 2019; with particular attention being given to the proposed 2.99% Council Tax increase for a Band D property for the 2019/20 year, the 2019/20 savings proposals listed at Appendix A3 and the proposed strategy to address the projected funding gaps to 2022. If the Council Tax increase or any savings proposals listed are deemed by Members to be unacceptable alternative savings of an equivalent value must be identified;

 

5.    note the following Council Tax discount and premiums for the 2019/20 year, which remain unchanged from those approved by Council for 2018/19:

 

·         0% Council Tax discount on Class B second homes

·         10% Council Tax discount on Class A second homes

·         0% Council Tax discount on properties undergoing major repair or structural alteration

·         100% discount for (Class C) properties which are empty and unfurnished for the first 28 days a property becomes empty, followed by a 0% discount thereafter

 

6.    note that the Council Tax premium on properties that have been empty and unfurnished for more than 2 years will increase from 50% to 100% for the 2019/20 year onwards, as approved by Council as part of 2018/19 budget setting process

 

7.    subject to the approval of the above recommendations agree that officers enter into a period of consultation on the proposals contained within this report

 

8.    approve the principle that the Borough Council act as Accountable Body for the Coble replica project on Filey Coble Landing, subject to a final decision being taken on this matter following a detailed report being submitted for a decision by the relevant Portfolio Holder.

 

Reasons

Full Council must approve the 2019/20 budget, and associated Council Tax level at its meeting on 1 March 2019. It is important that the Council consults with the public on its budget prior to it being approved, and that the areas identified in the consultation process are taken into consideration in the budget setting process. 

 

The extension of the budget setting period to three years will allow savings to be endorsed by members earlier and provide more time for savings to be identified and delivered. 

 

Supporting documents: