Agenda item
Draft Budgets 2018/19 MTFP, Housing Revenue Account and Draft Capital Programme
To consider and comment on the draft Budget, updated Medium Term Financial Plan, the Housing Revenue Account (Landlord Service) and Capital Programme pertaining to all Directorates and make recommendations to the Executive.
Hard copies have been distributed to Members by request and are available via the Modern.Gov app and the following link to the Executive papers: -
www.centralbeds.modern.gov.uk/ieListDocuments.aspx?CId=577&MId=5348&Ver=4
Minutes:
The Executive Member introduced the MTFP and draft Budgets reports and explained the Local Government Settlement had not yet been finalised and the budgets may require some minor tailoring once the settlement figure was known. It was proposed to increase Council Tax by 1.5% and the Adult Social Care precept to continue at the rate of 3%. The outcome of the Budget consultation was awaited and would be taken into account by the Executive at their meeting in February.
The Director of Resources referred to the efficiencies programme and the savings needed to achieve the proposed Budget. Reductions in Council grant funding and additional pressures were of concern and the target of £14m savings was required in 18/19.
The efficiencies proposed were in line with savings achieved in the past and amount to £120m in total since the Council was formed. A caution was raised with regards to the budgeted pay offer, following a Union’s call to ballot its Members to reject the pay award.
In light of the report, Members discussed the following in summary: -
· Concern on pressures to Housing Services by the Homelessness legislation to be introduced in April 2018.
· Pressure caused by the Special Educational Needs transport costs in Community Services.
The Director of Resources advised the Council had a duty to house a homeless person for 56 days and this was not to be confused with the Council’s Housing Allocations policy. The Executive Member for Adult Social Care and Housing Operations (HRA) informed the Committee that a Member Briefing would be held to advise on the demands placed on the service and strategic approach being taken to managing a local system.
The Director of Children’s Services advised of the joint work being done with the Director of Community Services to bring the transport budget under control. Procurement was part of a Board set up to look at the transport framework and look at the opportunities to drive costs down.
The Committee commended the work undertaken on the Capital Budget which had been well managed and supported by the excellent work undertaken by the Assets Team.
The Director of Resources advised repayment of capital borrowing on the Housing Revenue Account would be delayed in order to release funds to support the Homelessness service. It was envisaged this would positively impact the supply of tenancies and fund the number of additional staff required to run the service.
RECOMMENDED
(a) Draft Budget and Medium Term Financial Plan 2018/19 - 21/22
· That the Committee recognises the financial challenges and proposed efficiencies presented in the Draft Budget and Medium Term Financial Plan in the context of the statutory framework set out in Appendix F.
· The Committee endorses the Draft Budget to Executive.
· The Committee endorses the proposed Council Tax increase of 1.5% subject to consideration of the outcome of the public consultation and the Adult Social Care precept of 3%.
(b) Draft Capital Programme
The Committee endorses to the Executive in full the draft Capital Programme 2018/19 – 2021/22
(c) Draft Budget for the Housing Revenue Account (Landlord Services) 2018/19 – 2021/22 and Business Plan
That the Committee endorses the Draft HRA 2018/19– 2020/21 and Business Plan to Executive.
Supporting documents:
- 180125 Corporate Resources OSC MTFP Cover, item 64. PDF 70 KB
- Draft Budget 2018/19 and Medium Term Financial Plan, 09/01/2018 EXECUTIVE, item 64. PDF 200 KB
- Appendix B - Draft Budget 2018/19 and Medium Term Financial Plan - MTFP 4 year Summary, 09/01/2018 EXECUTIVE, item 64. PDF 191 KB
- Appendix C(i) - Draft Budget 2018/19 and Medium Term Financial Plan - Pressures Summary, 09/01/2018 EXECUTIVE, item 64. PDF 92 KB
- Appendix C(iii) - Draft Budget 2018/19 and Medium Term Financial Plan - Pressures by Category, 09/01/2018 EXECUTIVE, item 64. PDF 148 KB
- Appendix D(i) - Draft Budget 2018/19 and Medium Term Financial Plan - Efficiencies Summary, 09/01/2018 EXECUTIVE, item 64. PDF 91 KB
- Appendix D(ii) - Draft Budget 2018/19 and Medium Term Financial Plan - Efficiencies by Directorate, 09/01/2018 EXECUTIVE, item 64. PDF 271 KB
- Appendix D(iii) - Draft Budget 2018/19 and Medium Term Financial Plan - Efficiencies by Category, 09/01/2018 EXECUTIVE, item 64. PDF 147 KB
- Appendix E- Draft Budget 2018/19 and Medium Term Financial Plan - Net Budget, 09/01/2018 EXECUTIVE, item 64. PDF 68 KB
- Appendix F - Draft Budget 2018/19 and Medium Term Financial Plan - Addendum, 09/01/2018 EXECUTIVE, item 64. PDF 9 KB
- Appendix G - Draft Budget 2018/19 and Medium Term Financial Plan - Reserves, 09/01/2018 EXECUTIVE, item 64. PDF 54 KB
- Appendix H - Draft Budget 2018/19 and Medium Term Financial Plan - Directorate Priorities, 09/01/2018 EXECUTIVE, item 64. PDF 23 KB
- 180125 Corporate Resources OSC Capital Programme Cover, item 64. PDF 68 KB
- Capital Programme - Draft - 2018/19 to 2021/22, 09/01/2018 EXECUTIVE, item 64. PDF 57 KB
- Appendix A - Capital Programme - Draft - 2018/19 to 2021/22 - Capital Programme Summary, 09/01/2018 EXECUTIVE, item 64. PDF 202 KB
- Appendix B - Capital Programme - Draft - 2018/19 to 2021/22 - Capital Programme Detail, 09/01/2018 EXECUTIVE, item 64. PDF 331 KB
- Appendix C - Capital Programme - Draft - 2018/19 to 2021/22 - Reconciliation, 09/01/2018 EXECUTIVE, item 64. PDF 93 KB
- 180125 Corporate Resources OSC HRA MTFP Cover, item 64. PDF 71 KB
- Housing Revenue Account - Draft Budget - 2018/19, 09/01/2018 EXECUTIVE, item 64. PDF 79 KB
- Appendix A - Housing Revenue Account - Draft Budget - 2018/19 - 30yr HRA Business Plan Summary, 09/01/2018 EXECUTIVE, item 64. PDF 38 KB
- Appendix B - Housing Revenue Account - Draft Budget - 2018/19 - 6yr HRA Business Plan Summary, 09/01/2018 EXECUTIVE, item 64. PDF 35 KB
- Appendix C - Housing Revenue Account - Draft Budget - 2018/19 - HRA Capital MTFP, 09/01/2018 EXECUTIVE, item 64. PDF 70 KB
- Appendix D - Housing Revenue Account - Draft Budget - 2018/19 - Housing Service Budget Assumptions, 09/01/2018 EXECUTIVE, item 64. PDF 11 KB