Decision details

Revenue Budget, Council Tax and Capital Programme

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Decision Maker: Cabinet

Decision status: Information Only

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

Confirmation of the Revenue Budget, Council Tax, Revised Capital Budget 2018/19 and Capital Programme 2019/20 onwards.

Decisions:

The Resources Portfolio Holder and theCorporate Director Resources (S.151 Officer) submitted a report asking Cabinet to confirm the Revenue Budget, Council Tax, Revised Capital Budget 2020/21 and Capital Programme 2021/22 onwards.

The Resources Portfolio Holder expressed his thanks to Clare James, all of her staff and all the staff of Wyre Council for helping keep businesses afloat during the COVID 19 pandemic and said that Wyre Council and Lancashire County Council had both been brilliant during the pandemic. He added that preparing a Medium Term Financial Plan had been difficult under the circumstances as the Government had set only a one-year deal and that it was difficult to predict the impact of the pandemic. Wyre’s track record indicated that the council would continue to deal with whatever was to come.

The Leader also expressed his thanks to Clare James and her team and said that he was proud of all the staff of Wyre Council. He had observed that Wyre had been one of the first places to begin the roll out of vaccinations and had watched how the vaccinations were progressing.

Decisions

Cabinet agreed

1.	That the following be approved and recommended to Council for their approval:-
	a.	The Revised Revenue Budget for the year 2020/21 and the Revenue Budget for 2021/22.
	b.	For the purpose of proposing an indicative Council Tax for 2022/23, 2023/24, 2024/25 and 2025/26, taking into account the Medium Term Financial Plan at Appendix 2 of the report, which reflects an increase of £5 each year, any increase will remain within the principles determined by the Government as part of the legislation relating to Local Referendums allowing the veto of excessive Council Tax increases.
	c.	Members’ continuing commitment to the approach being taken regarding the efficiency savings, detailed within the council’s ‘Annual Efficiency Statement’ at Appendix 1 of the report.
	d.	Any increases in the base level of expenditure and further additional expenditure arising during 2021/22 should be financed from existing budgets or specified compensatory savings, in accordance with the Financial Regulations and Financial Procedure Rules.
	e.	The use of all other Reserves and Balances as indicated in Appendices 4 and 5 of the report.
	f.	The manpower estimates for 2021/22 in Appendix 4 of the report.
	g.	In accordance with the requirements of the Prudential Code for Capital Finance, those indicators included at Appendix 7 of the report.
	h.	The Revised Capital Budget for 2020/21 and the Capital Programme for 2021/22 onwards in Appendix 8 of the report.
2	That it be noted that, in accordance with the Council’s Scheme of Delegation, as agreed by Council at their meeting on 24 February 2005:
	a. b.	The amount of 36,980.66 has been calculated as the 2021/22 Council Tax Base for the whole area [(Item T in the formula in Section 31B of the Local Government Finance Act 1992, as amended (the “Act”)]; and A Council Tax Base, for dwellings in those parts of its area to which a Parish precept relates, has been calculated as indicated below.
		Barnacre-with-Bonds	1,005.41
		Bleasdale	59.55
		Cabus	610.82
		Catterall	896.61
		Claughton-on-Brock	386.46
		Fleetwood	6,320.95
		Forton	606.80
		Garstang	1,797.87
		Great Eccleston	689.05
		Hambleton	1,051.51
		Inskip-with-Sowerby	410.19
		Kirkland	134.70
		Myerscough and Bilsborrow	452.31
		Nateby	212.24
		Nether Wyresdale	323.30
		Out Rawcliffe	262.10
		Pilling	844.85
		Preesall	1,892.07
		Stalmine-with-Staynall	635.64
		Upper Rawcliffe-with-Tarnacre	291.88
		Winmarleigh	123.85

3	The Council Tax requirement for the council’s own purposes for 2021/22 (excluding Parish precepts) is £7,756,324.
4	That the following amounts be calculated for the year 2021/22 in accordance with Sections 31 to 36 of the Act:-
	a.	£69,791,020	Being the aggregate of the amounts which the council estimates for the items set out in Section 31A(2) of the Act taking into account all precepts issued to it by Parish Councils.

	b.	£61,250,72	Being the aggregate of the amounts which the council estimates for the items set out in Section 31A(3) of the Act.

	c.	£8,540,295	Being the amount by which the aggregate at 3.4(a) above exceeds the aggregate at 3.4(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 31B of the Act).

	d.	£230.94	Being the amount at 3.4(c) above (Item R) all divided by Item T (3.2(a) above), calculated by the council, in accordance with Section 31B of the Act, as the basic amount of its Council Tax for the year (including Parish precepts).

	e.	£783,971	Being the aggregate amount of all special items (Parish precepts) referred to in Section 34(1) of the Act and as detailed in Appendix 6.

	f.	£209.74	Being the amount at 3.4(d) above less the result given by dividing the amount at 3.4(e) above by Item T (3.2(a) above), calculated by the council, in accordance with Section 34(2) of the Act, as the basic amount of its Council Tax for the year for dwellings in those parts of its area to which no Parish precept relates.


5	That the council’s basic amount of Council Tax for 2020/21 is not considered excessive in accordance with principles approved under Section 52ZB of the Local Government Finance Act 1992.

Report author: Clare James

Publication date: 21/12/2022

Date of decision: 17/02/2021

Decided at meeting: 17/02/2021 - Cabinet

Accompanying Documents: