Decision details

General Fund Budget 2021/2022 (Cabinet - 3 February 2021)

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No


Council AGREED




(a)   Take into account the detailed budgets presented at Appendix B, and summarised at Appendix A, with an estimated General Fund Gross Operating Expenditure for 2021/2022 of £71.917 million, estimated Gross Operating Income of £49.146 million and estimated General Fund Net Operating Expenditure of £22.771 million;


(b)  Acknowledge the key factors which have led to the proposed 2021/2022 General Fund Revenue Budget, with service pressures summarised at Appendix C and offsetting efficiency savings/policy options summarised at Appendix D;


(c)   Acknowledge that the 2021/2022 General Fund Revenue Budget gross expenditure is covered by forecast income sources (assuming no change in Government grant) and, therefore, any addition(s) to expenditure that are made by the Cabinet or Council will need to be met from the General Fund Balance;


(d)  Approve the 2021/2022 General Fund Revenue Budget taking into account the statement by the Chief Finance Officer on the risks and robustness of the estimates as required under Section 25 of the Local Government Act 2003 (reproduced at Appendix F);


(e)   Set the Council Tax Requirement for 2021/2022 at £9,997,693;


(f)    Approve an increase in the District element of the Council Tax of £5 per annum, giving an average Band D Council Tax of £155.31, plus the relevant amounts required by the precepts of the Parish Councils, Cambridgeshire County Council, Cambridgeshire Police & Crime Commissioner, and the Cambridgeshire Fire Authority;


(g)  Approve the estimates of the amounts required to be made under the Non-domestic Rating (Rates Retention) Regulations 2013 as set out in paragraphs 36 to 39;


(h)             Approve the acceptance of any grants made during 2021/2022 by the Government under Section 31 of the Local Government Act 2003 in respect of Business Rates; 


(i)    Approve the use of the additional income from the Business Rate Pool, estimated at £1,100,000 in 2021/2022, for transfer to the established Renewables Reserve for priority projects;


(j)    Subject to any changes to the recommendations above, Full Council approves that:


(i)    The 2021/2022 General Fund Revenue Budget based on known commitments at this time and planned levels of Service/functions resulting in a Budget Requirement of £21.722 million;


(ii)   The District Council Precept on the Collection Fund (Council Tax Requirement) of £9.998 million in 2021/2022 (based on the Local Government Settlement) and a Band D Council Tax of £155.31.


Publication date: 25/02/2021

Date of decision: 23/02/2021

Decided at meeting: 23/02/2021 - Council

Accompanying Documents: