Decision details

RESOLVED THAT:  Council be recommended to:

1.    Approve the revised budget for 2022/23 which is reported here as part of the budget monitoring process for 31 December 2022;

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

3.    Approve the final budget proposals including a proposed council tax increase for the services provided by Cheltenham Borough Council for the year 2023/24 based on a Band D property (an increase of 2.99% for a Band D property), as detailed in paragraphs 9.1 to 9.5;

4.    Approve the savings / additional income totalling £1,300,000 and the budget strategy at Appendix 4;

5.    Approve the use of reserves and general balances and note the projected level of reserves, as detailed at Appendix 5;

6.    Approve the capital programme at Appendix 6;

7.    Approve the programmed maintenance programme at Appendix 7;

8.    Approve the flexible use of capital receipts strategy as detailed in Appendix 8;

9.    Note that the Council will remain in the Gloucestershire business rates pool for 2023/24;

10.Approve the Medium Term Financial Strategy (MTFS) detailed in Appendix 9;

11.Approve the Pay Policy Statement for 2023/24, including the continued payment of a living wage supplement at Appendix 10;

12.Approve the proposed fees and charges schedule for 2023/24 at Appendix 11, subject to appropriate consultation where required;

13.Approve a level of supplementary estimate of £100,000 for 2023/24 as outlined in Section 19;

14. Amend the definition of a Key Decision as set out in the constitution to increase the threshold for the acquisition or disposal of land from £250,000 to £500,000, and gives delegated authority to the Monitoring Officer to make the associated change to the constitution as outlined in Section 17.