Issue - meetings

A report by the Deputy Chief Executive and Section 151 Officer.

RESOLVED that the Executive approves and recommends to the meeting of the Council to be held on 26 February 2021:

(a)  the capital programme and financing of £53,902,000;

(b)  an overall revised revenue budget for 2020/21 of £9,606,500;

(c)  a revenue budget for 2021/22 of £10,271,900;

(d)  a council tax for Fareham Borough Council for 2021/22 of £170.22 per band D property, which represents a £5.00 increase when compared to the current year and is within referendum limits; and

(e)  an unchanged Council Tax Support scheme for 2021/22

At the invitation of the Executive Leader, Councillor L Keeble addressed the Executive on this item.

A revised page 11 of the agenda pack was tabled at the meeting to show a corrected estimate figure of £2,731,105 for retained business rates and grants; a corrected total amount of £7,456,402 due from the council tax payers; and the correct date of the February Council meeting.  A revised page 21 of the agenda pack was also tabled to include the corrected figure of £7,456,402 at Appendix A of the report.

A revised page 16 of the agenda pack was tabled at the meeting to confirm that the net rates payable from National Non-Domestic rates for 2021/22 (after transitional arrangements and reliefs) is £ 43,985,447.

RESOLVED that the Executive approves and recommends to the meeting of the Council to be held on 26 February 2021:

(a)  the capital programme and financing of £53,902,000;

(b)  an overall revised revenue budget for 2020/21 of £9,606,500;

(c)  a revenue budget for 2021/22 of £10,271,900;

(d)  a council tax for Fareham Borough Council for 2021/22 of £170.22 per band D property, which represents a £5.00 increase when compared to the current year and is within referendum limits; and

(e)  an unchanged Council Tax Support scheme for 2021/22