Agenda item

Council Budget 2020/21 and Medium Term Financial Plan 2020/21 - 2023/24

To consider the attached report of the Strategic Director (Corporate Resources).

 

In accordance with Procedure Rule 18.6 (voting on budget decisions) a recorded vote will be held in respect of this item.

Minutes:

The Strategic Director (Corporate Resources) introduced the report on the Council Budget 2020/21, Medium-Term Financial Plan 2020/21–2023/24 and 2020/21 Council Tax Setting.

 

It was moved by Councillor S C Manion, and duly seconded by Councillor T J Bartlett, that the recommendations set out in the report incorporating the recommendations of the Cabinet at its meeting held on 24 February 2020 be approved.

 

On being put to the vote it was

 

RESOLVED:  (a)     That the General Fund Revenue Budget, the Capital and Special Projects Programmes, the Housing Revenue Account Budget, the Council Tax Resolution and the content of the MTFP be approved.

 

                        (b)     That a Council Tax increase of 2.6% for DDC purposes be approved, resulting in an increase on Band D properties of £4.95 per year and an annual DDC Council Tax of £192.24.

 

(c)     To note that it is the view of the Strategic Director (Corporate Resources), the Section 151 Officer, that the budget has been prepared in an appropriate and prudent manner and that based upon the information available at the time of producing this report the 2020/21 estimates are robust and the resources are adequate for the Council’s current spending plans in 2020/21.

 

(d)     That the various Council recommendations at the end of the sections within the attached budget and MTFP, and summarised in Annex 10 to Appendix 1, are approved as follows:

 

(i)            Approve the General Fund Revenue budget for 2020/21 and the projected outturn for 2019/20.

(ii)           Approve the policies and protocols regarding the General Fund balances and earmarked reserves, and transfers between reserves as set out in Annex 4.

(iii)          Approve the HRA budget for 2020/21 and the projected outturn for 2019/20 at Annex 5.

(iv)         Approve the Capital and Special Revenue Projects Programmes.

(v)          Approve that capital resources required to finance new projects are secured before new projects commence.

(vi)         Approve the Capital, Treasury Management and Investment Strategies, including the Prudential Indicators and Minimum Revenue Provision statement (Annexes 7A, 7B and 7C).

(vii)        Approve the Council Tax Resolution as set out at Annex 8A.

(viii)       Note that if the formal Council Tax Resolution at Annex 8A is approved, the total Band D Council Tax will be as follows:

 

           

2019/20

£

2020/21

£

Increase

%

Dover District Council

187.29

192.24

2.64%

Kent County Council

1,299.42

1,351.26

3.99%

The Police & Crime Commissioner for Kent

193.15

203.15

5.18%

Kent & Medway Fire & Rescue Authority

77.76

79.29

1.97%

Sub-Total

1,757.62

1,825.94

3.89%

Town & Parish Council (average)

65.20

68.45

4.98%

Total Band D Council Tax

1,822.82

1,894.39

3.93%

 

(ix)         The Council Tax, by band, for the major preceptors will be as follows:

 

 

Valuation Bands

 

A

B

C

D

E

F

G

H

Precepting Authority:

£

£

£

£

£

£

£

£

Kent County Council

900.84

1,050.98

1,201.12

1,351.26

1,651.54

1,951.82

2,252.10

2,702.52

The Police & Crime Commissioner for Kent

135.43

158.01

180.58

203.15

248.29

293.44

338.58

406.30

Kent & Medway Fire & Rescue Service

52.86

61.67

70.48

79.29

96.91

114.53

132.15

158.58

Dover District Council

128.16

149.52

170.88

192.24

234.96

277.68

320.40

384.48

Total

1,217.29

1,420.18

1,623.06

1,825.94

2,231.70

2,637.47

3,043.23

3,651.88

 

 

 

 

 

 

Supporting documents: