This report seeks final confirmation of the recommendations to Council, on 19 February 2016, in respect of the revenue budget, capital programme and council tax for 2016/17.
On 11 January 2016, the Executive reviewed the Council’s overall finance strategy and considered proposals relating to the capital programme, revenue budgets and the council tax for 2016/17. This report updates the Council’s budgets to reflect the decisions taken on 11 January 2016.
The capital programme for the years 2015/16 to 2019/20 will be £36,959,000.
The revenue budget for 2016/17 will be £8,829,400. With Central Government support and retained business rates estimated to be £2,592,859 and use of collection fund balance of £136,473, the total amount due from the council tax payers will be £6,100,068.
Taking these changes into consideration, the council tax for 2016/17 will be £145.22 per Band D property. This represents an increase from the council tax set for 2015/16 and would be within the referendum limit set by the Government.
Decision type: Key
Decision status: Deleted
Notice of proposed decision first published: 11/12/2015
: (All );
Decision due: 8 Feb 2016 by Executive
Decision due: 19 Feb 2016 by Council
Lead member: Executive Member for Policy & Resources
Lead director: Director of Finance & Resources
Contact: Neil Wood Email: firstname.lastname@example.org.
Background Papers: None