Agenda item

The Deputy Leader submitted a report on the 2015/16 Budget, as set out on pages 5-24 of the supplementary agenda.

Councillor Culley presented a proposed amendment to the Budget, as follows:

In recommendation 2.1 add after “the revenue budget for 2016/17”

“subject to the following:-

In recommendation 2.2 add after “The capital programme for 2015/16-2020/21”

Subject to the following:-

And amend the following recommendations as indicated:

·  In recommendation 2.3(a) substitute £941,161,476 for £942,968,586;

·  In recommendation 2.3(b) substitute £848,716,670 for £848,756,670;

·  In recommendation 2.3(c) substitute £92,444,806 for £94,211,916;

·  In recommendation 2.4 substitute £1,488.86 for £1,517.32

And amend the following sections as indicated:

·  In section 5.2 substitute £92,444,806 for £94,211,916 and £1,488.86 for £1,517.32

·  In section 5.3 and 5.6 substitute the following basic amounts of council tax for the ones shown in the report:

·  In section 5.6 substitute the following aggregate council taxes for those shown in the report:

Councillors voted as follows on the proposed amendment:

RESOLVED to reject the proposed budget amendment.

Councillors voted as follows on the recommendations in the budget report:

RESOLVED to:

(1)  approve the revenue budget for 2016/17, including:

(a)  The recommendations of the Strategic Director for Finance/Chief Finance Officer in respect of the robustness of the estimates made for the purpose of the budget calculations and the adequacy of reserves;

(b)  The delegation of authority to the Strategic Director for Finance/Chief Finance Officer in consultation with the Deputy Leader to finalise the MTFP for publication;

(c)  The delegation of authority to the appropriate Directors to implement savings after undertaking the appropriate consultation;

(2)  approve the capital programme for 2015/16 – 2020/21;

(3)  approve a council tax requirement of £94,211,916, including the calculations required by Sections 30 to 36 of the Local Government Finance Act 1992 (“the Act”), as set out below:

(a)  £942,968,586 being the aggregate of the expenditure, allowances, reserves and amounts which the Council estimates for the items set out in Section 31A(2) (a)  to (f) of the Act;

(b)  £848,756,670 being the aggregate of the income and amounts which the Council estimates for the items set out in Section 31A(3) (a) to (d) of the Act;

(c)  £94,211,916 being the amount by which the aggregate at 3(a) above exceeds the aggregate at 3(b) above, calculated by the Council, in accordance with Section 31A(4) of the Act, as its council tax requirement for the year;

(4)  approve a City Council Band D basic amount of council tax for 2016/17 of £1,517.32 being the amount at 3(c) above divided by the amount in (9) below, calculated by the Council, in accordance with Section 31B(1) of the Act, as the basic amount of its council tax for the year (as set out in section 5 of the report);

(5)  approve the setting of the amounts of council tax for 2016/17 at the levels described in section 5.6 of this report;

(6)  approve the Member’s Allowance Scheme for 2016/17 in the terms of the previously adopted and amended Scheme, save for adjustments to mirror nationally determined rates for pay awards and travel and subsistence (as applicable to officers) and for carers allowances;

(7)  note a Nottinghamshire and City of Nottingham Fire and Rescue Authority precept at Band D for 2016/17 of £73.85;

(8)  note a Nottinghamshire Police and Crime Commissioner precept at Band D for 2016/17 of £179.91;

(9)  note that in January 2016, the City Council calculated the amount of 62,091 as its council tax base for the year 2016/17 in accordance with the Local Authorities (Calculation of Council Tax Base) (England) Regulations 2012;

(10)  note an updated Medium Term Financial Strategy (MTFS) as attached in Appendix A of the report.