Decision details
Budget 2018/19 and Medium Term Financial Plan
Decision Maker: EXECUTIVE
Decision status: For Determination
Is Key decision?: No
Is subject to call in?: No
Purpose:
The report proposes the Final Budget for 2018/19 and updates the Medium Term Financial Plan (MTFP) approved by Council in February 2017.
Decision:
RESOLVED
1. To note the consultation responses from Overview & Scrutiny as set out in Appendix J to the report and the public and stakeholders as set out in Appendix A(i) to the Executive report.
2. To authorise the Leader, Deputy Leader, Chief Executive and S151 Officer to make any necessary amendments to the budget in the event of changes resulting from the final Local Government Financial Settlement.
3. To note the Council Tax Base as set out in Appendix H to the Executive report.
4. To note that certain efficiency proposals identified in Appendix D(ii) to the Executive report will be subject to formal consultation and Equality Impact Assessments in the coming months and instruct the Corporate Management Team to propose alternative compensatory savings if it appears, following a review of the outcome of the consultation and Equality Impact Assessment, that any specific proposal cannot be delivered.
RECOMMENDED to Council
1. That the Revenue Budget for 2018/19 and the Medium Term Financial Plan for 2018/19 to 2021/22 be approved.
2. That in line with the Government guidance, the following increases in Council tax (CBC element) for residents of Central Bedfordshire:
(a) a Band D increase of £21.24, representing a 1.494% increase on the charge for 2017/18; and
(b) a Band D increase of £42.66, representing a 3.0% increase on the charge for 2017/18, reflecting a precept of this amount to help fund adult social care costs.
In total the Band D increase will be £63.90, representing a 4.494% increase in the charge for 2017/18. The CBC element of Band D Council Tax for 2018/19 will therefore be £1,485.78.
Report author: Denis Galvin
Publication date: 08/02/2018
Date of decision: 06/02/2018
Decided at meeting: 06/02/2018 - EXECUTIVE
Accompanying Documents:
- Budget 2018/19 and MTFP PDF 202 KB
- Appendix Ai - Budget 2018/19 and MTFP - Budget Consultation PDF 108 KB
- Appendix B (i) - Budget 2018/19 and MTFP - MTFP 4 year Summary PDF 191 KB
- Appendix B (ii) - Budget 2018/19 and MTFP - MTFP Annual Summary PDF 152 KB
- Appendix B(iii) - Budget 2018/19 and MTFP - Directorate Priorities PDF 22 KB
- Appendix C(i) - Budget 2018/19 and MTFP - Pressures Summary PDF 92 KB
- Appendix C(ii ) - Budget 2018/19 and MTFP - Pressures by Directorate PDF 201 KB
- Appendix C(iii) - Budget 2018/19 and MTFP - Pressures by Category PDF 148 KB
- Appendix D(i) - Budget 2018/19 and MTFP - Efficiencies Summary PDF 91 KB
- Appendix D(ii) - Budget 2018/19 and MTFP - Efficiencies by Directorate PDF 284 KB
- Appendix D(iii) - Budget 2018/19 and MTFP - Efficiencies by Category PDF 147 KB
- Appendix E - Budget 2018/19 and MTFP - Net Budget PDF 68 KB
- Appendix F (i) - Budget 2018/19 and MTFP - Statutory Requirements 2018 PDF 251 KB
- Appendix F (ii) - Budget 2018/19 and MTFP - Addendum 2018 PDF 9 KB
- Appendix G - Budget 2018/19 and MTFP - Reserves PDF 53 KB
- Appendix H - Budget 2018/19 and MTFP - Council Tax Base PDF 405 KB
- Appendix I - Budget 2018/19 and MTFP - Grant Income PDF 163 KB
- Appendix J - Recommendations from the Corporate Resources OSC PDF 42 KB
- Appendix K(i) - Budget 2018/19 and MTFP - Budgets by Head of Service PDF 215 KB
- Appendix K(ii) - Budget 2018/19 and MTFP - Budgets by H of S Subjective PDF 231 KB