To consider the recommendation(s) of the Cabinet/Committee in relation to the following item(s):
Minutes:
(1) Revenue Budget, Capital Programme, Council Tax Level and Council Tax Support Scheme 2020/21
Cllr P.G. Taylor introduced the Report of the Cabinet meeting held on 4th February, 2020 which recommended the approval of the Revenue Budget, Capital Programme, Council Tax Level and Council Tax Support Scheme for 2020/21.
(i) It was MOVED by Cllr P.G. Taylor; SECONDED by Cllr D.E. Clifford – That, subject to the amendments set out in Para 1.2 of the Report , approval be given to the following recommendations set out in the Budget Booklet and the Council Tax Level resolution, as circulated separately:
(a) the General Fund Revenue Budget Summary, set out in Appendix 1 of the Budget Booklet;
(b) the detailed General Fund Revenue Budget, set out in Appendix 2 of the Budget Booklet;
(c) the additional items for inclusion in the budget, set out in Appendix 3 of the Budget Booklet;
(d) the Council Tax Requirement of £6,704,629 for this Council;
(e) the Council Tax Level for Rushmoor Borough Council’s purposes of £209.42 for a Band D property in 2020/21 (an increase of £5), and in particular:
1.
That it
be noted that the Council calculated the amount of 32,015.23 as its Council Tax Base for the year 2020/21
in accordance with Section 31B(3) of the Local Government Finance Act 1992 as
amended by the Localism Act 2011 (the ‘Act’).
2.
That
the following amounts be calculated by the Council for the year 2020/21 in
accordance with Sections 31 and Sections 34 to 36 of the Act:
(a)
£84,628,917 being the aggregate
of the amounts which the Council estimates for the items set out in Section
31A(2) of the Act
(b) £77,924,288 being the aggregate of the amounts which the Council estimates for
the items set out in Section 31A(3) of the Act.
(c) £6,704,629 being the amount by which the
aggregate at (a) above exceeds the aggregate at (b) above, calculated by the
Council in accordance with Section 31A(4) of the Act, as its Council Tax
requirement for the year.
(d)
£209.42 being the amount at (c) above, all
divided by the amount at 1. 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.
(e) |
Valuation Bands |
|
|
A |
£139.61 |
|
B |
£162.88 |
|
C |
£186.15 |
|
D |
£209.42 |
|
E |
£255.96 |
|
F |
£302.50 |
|
G |
£349.03 |
|
H |
£418.84 |
being the amounts given by multiplying the amount at (d) above by the
number which, in the proportion set out in Section 5(1) of the Act, is
applicable to dwellings listed in a particular valuation band divided by the
number which in that proportion is applicable to dwellings listed in valuation
band D, calculated by the Council, in accordance with Section 36(1) of the Act,
as the amounts to be taken into account for the year in respect of categories
of dwellings listed in different valuation bands;
3.
That it
be noted that for the year 2020/21 Hampshire County Council, the Police and
Crime Commissioner for Hampshire and Hampshire Fire and Rescue Authority have
stated the following amounts in precepts issued to the Council, in accordance
with Section 40 of the Local Government Finance Act 1992, for each of the
categories of the dwellings shown below:
Precepting Authority |
Valuation Bands |
|
Hampshire County
Council |
A |
£857.52 |
(including Adult
Social Care precept) |
B |
£1,000.44 |
|
C |
£1,143.36 |
|
D |
£1,286.28 |
|
E |
£1,572.12 |
|
F |
£1,857.96 |
|
G |
£2,143.80 |
|
H |
£2,572.56 |
Precepting Authority |
Valuation Bands |
|
Police and Crime
Commissioner for Hampshire |
A |
£140.97 |
|
B |
£164.47 |
|
C |
£187.96 |
|
D |
£211.46 |
|
E |
£258.45 |
|
F |
£305.44 |
|
G |
£352.43 |
|
H |
£422.92 |
Precepting Authority |
Valuation Bands |
|
Hampshire Fire
and Rescue Authority |
A |
£46.04 |
|
B |
£53.71 |
|
C |
£61.39 |
|
D |
£69.06 |
|
E |
£84.41 |
|
F |
£99.75 |
|
G |
£115.10 |
|
H |
£138.12 |
4.
That,
having calculated the aggregate in each case of the amounts at (e) and 3. above,
the Council, in accordance with Sections 30 and 36 of the Local Government
Finance Act 1992, hereby sets the following amounts as the amounts of Council
Tax for the year 2020/21 for each of the categories of dwellings shown below:
|
Valuation Bands |
|
|
A |
£1,184.14 |
|
B |
£1,381.50 |
|
C |
£1,578.86 |
|
D |
£1,776.22 |
|
E |
£2,170.94 |
|
F |
£2,565.65 |
|
G |
£2,960.36 |
|
H |
£3,552.44 |
(e) the Capital Programme, set out in Appendix 4 of the Budget Booklet;
(f) the Strategy for the Flexible Use of Capital Receipts, set out in Appendix 5 of the Budget Booklet;
(g) the Executive Head of Finance’s report under Section 25 of the Local Government Act 2003, as set out in section 10 of Appendix A to this Report;
(h) the additional transfers to earmarked reserved in 2020/21 and the holding of reserves, as set out in this Report;
(i) the insurance arrangements, made through the Hampshire Insurance Forum and Aon and effective from April 2020, resulting in an annual saving on premiums of £81,000, as set out in Table 5 of this Report; and
Following debate,
the Recommendations were put to the meeting.
On a Recorded Vote, there voted FOR: Cllrs Gaynor Austin; Mrs. D.B.
Bedford, T.D. Bridgeman, J.B. Canty, M.S. Choudhary, Sophia Choudhary, A.K.
Chowdhury, D.E. Clifford, R.M. Cooper, A.H. Crawford, P.I.C. Crerar, P.J.
Cullum, Keith Dibble, Veronica Graham-Green, C.P. Grattan, Christine Guinness,
A.J. Halstead, L. Jeffers, Prabesh KC, Mara Makunura, J.H. Marsh, S.J.
Masterson, T.W. Mitchell, Marina Munro, K.H. Muschamp, A.R. Newell, Sophie
Porter, M.J. Roberts, M.L. Sheehan, M.D. Smith, C.J. Stewart, P.G. Taylor, B.A.
Thomas and Jacqui Vosper (34); AGAINST: (0); and ABSTAINED: the Deputy Mayor
(Cllr Frank Rust) and the Mayor (Cllr Sue Carter) (2) and the Recommendations
were DECLARED CARRIED; and
(ii)
It was
MOVED by Cllr P.G. Taylor; SECONDED by Cllr D.E. Clifford - That approval be
given to the retention of the current 12% minimum contribution for those of
working age for 2020/21 in respect of the Council Tax Support Scheme, as set
out in Report No. FIN1934.
There voted FOR:
22; AGAINST: 0 and the Recommendation was DECLARED
CARRIED.
(2) Annual Capital Strategy 2020/21
Cllr P.G. Taylor introduced the Report of the Cabinet meeting held on 4th February, 2020 which recommended the approval of the Capital Strategy 2020/21 and Prudential Indicators. It was MOVED by Cllr P.G. Taylor; SECONDED by Cllr D.E. Clifford – That approval be given to the Capital Strategy 2020/21 and Prudential Indicators.
There voted FOR: 33; AGAINST: 0 and the Recommendations were DECLARED CARRIED.
(3) Annual Treasury Management Strategy and Annual Non-Treasury Investment Strategy 2020/21
Cllr P.G. Taylor introduced the Report of the Cabinet meeting held on 4th February, 2020 which recommended the approval of: the Treasury Management Strategy 2020/21 and Annual Investment Strategy; the Non-Treasury Strategy; and, the Minimum Revenue Provision (MRP) Statement. It was MOVED by Cllr P.G. Taylor; SECONDED by Cllr D.E. Clifford – That approval be given to the Treasury Management Strategy 2020/21 and Annual Investment Strategy, the Non-Treasury Strategy and the Minimum Revenue Provision.
There voted FOR: 33; AGAINST: 0 and the Recommendations were DECLARED CARRIED.
(4) Establishing a Local Housing Company – The Housing Company Business Plan
Cllr D.E. Clifford introduced the Report from the Cabinet meeting held on 4th February, 2020, which recommended the approval of a five-year business plan of the Council’s local housing company. It was MOVED by Cllr D.E. Clifford; SECONDED by Cllr K.H. Muschamp – That
(a) approval be given to the draft five-year Business Plan to be submitted to the Chief Executive of the Council as shareholder representative in substantially the same form, once the Company has been incorporated, when it would become the Approved Business Plan for the Company;
(b) agreement be given to the sale of No. 12 Arthur Street and No. 154 Ship Lane to the Housing Company at market value, subject to the relevant valuation;
(c) approval be given to the delegation of authority to the Chief Executive as shareholder representative to approve any variations in the delivery programme contained in the Business Plan, provided these variations can deliver the outcomes of the Business Plan and be achieved within the approved budget;
(d) approval be given to the appointment of Cllr P.G. Taylor as the third member of the Shadow Board and to become a Council appointee to the Company Board of Directors on incorporation of the company;
(e) the procedures set out in paragraph 4.17 of the Report be agreed for the approval of subsequent business plans or project business plans; and
(f) the arrangements for performance and governance reporting be agreed, as set out in paragraph 4.18 of the Report.
There voted FOR: 33; AGAINST: 0 and the Recommendations were DECLARED CARRIED.
Supporting documents: