Decision details

Final General Fund Revenue and Capital Budget Proposals 2022

Decision Maker: Cabinet, Council

Decision status: For Determination

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To consider the recommendations

Decision:

RESOLVED THAT:

1.    Council be recommended to:

 

a.    Approve the revised budget for 2020/21;

b.    Consider the budget assessment by the Section 151 Officer at Appendix 2 in agreeing the following recommendations;

c.     Approve the final budget proposals including a proposed council tax for the services provided by Cheltenham Borough Council of £219.08 for the year 2021/22 based on a Band D property (an increase of 2.34% or £5.00 a year for a Band D property), as detailed in paragraphs 4.17 to 4.22;

d.    Approve the growth proposals at Appendix 4 and outlined in Section 6;

e.    Approve the savings / additional income totalling £400,000 and the budget strategy at Appendix 5;

f.      Approve the use of reserves and general balances and note the projected level of reserves, as detailed at Appendix 6;

g.    Approve the capital programme at Appendix 7;

h.    Approve the programmed maintenance programme at Appendix 8;

i.      Approve the flexible use of capital receipts strategy as detailed in Appendix 9;

j.      Note that the Council will remain in the Gloucestershire business rates pool for 2021/22 (paragraphs 4.6 to 4.16);

k.     Approve the Medium Term Financial Strategy (MTFS) detailed in Section 5 and Appendix 10;

l.      Approve the Pay Policy Statement for 2021/22, including the continued payment of a living wage supplement at Appendix 11;

m.   Approve a level of supplementary estimate of £100,000 for 2021/22 as outlined in Section 14.

Contact: Paul Jones, Executive Director-Finance and Assets Email: paul.jones@cheltenham.gov.uk Email: paul.jones@cheltenham.gov.uk Email: paul.jones@cheltenham.gov.uk.

Report author: Paul Jones

Publication date: 18/02/2021

Date of decision: 16/02/2021

Decided at meeting: 16/02/2021 - Cabinet

Effective from: 26/02/2021

Accompanying Documents: