Agenda item

Councillor D M Sismey, Chairman of the Finance and Corporate Services Committee, put the recommendations as set out in the report.

Councillor R G Boyce spoke in relation to Capital Projects and specifically the project relating to a Memorial to Celebrate 100 years of the end of the First World War.  It was noted that this Project had been removed from the Capital Programme by the Finance and Corporate Services Committee.  Councillor Boyce requested that the Community Services Committee receive a report at its next meeting on this project detailing possible outside funding.  He further requested that the Council consider that if funding was identified the Community Services Committee be allowed to come back and request a supplementary capital estimate.  

In response, Councillor Sismey outlined the reasons behind the Finance and Corporate Services  Committee’s removal of the project to explore financing options. 

Councillor I E Dobson seconded the proposal of Councillor Sismey.

Following on from the Leaders’ speech and in accordance with Procedure Rule No. 13 (5) the Chairman informed the Council that there would need to be a recorded vote on any decision relating to the budget, including the setting of Council tax and levying a precept. 

For the recommendation:

Councillors Mrs B F Acevedo, J P F Archer, H M Bass, B S Beale, R G Boyce, A T Cain, Mrs P A Channer, R P F Dewick, I E Dobson, M F L Durham,
Mrs H E Elliott, A S Fluker, Mrs B D Harker, B E Harker, M S Heard, M W Helm,
R Pratt, N R Pudney, S J Savage, Mrs N G F Shaughnessy, Rev. A E J Shrimpton,
D M Sismey, A K M St. Joseph, Mrs M E Thompson and Miss S White.

Against the recommendation: None.

Abstention: None.

The recommendations were duly agreed.

RESOLVED

(i)              That the Summary Revised 2017 / 18 and Original 2018 / 19 General Fund Revenue Budget Estimates (Appendices 1 – 3 of the report) be approved;

(ii)            that an average Band D council tax of £192.97 (excluding parish precepts) (2.99% increase) for 2018 / 19 (Appendix 1 to the report) be approved;

(iii)          that the policies on the designated use of financial reserves (as set out in Appendix 5 to the report) be approved;

(iv)          that an increase in the  minimum general fund working balance from £2,500,000 to £2,600,000 for 2018 / 19 be approved;

(v)            that the Capital Programme for 2018 / 19 to 2021 / 22 (Appendix 8 to the report), be approved;

(vi)          that the Council gives due regard to the Director of Resources statement on the robustness of budgets and adequacy of reserves in Appendix 9 to the report.