Issue - meetings

Report of the Cabinet Member for Finance and Income Generation detailing the Revenue Budget 2021/22, Medium Term Financial Forecast 2021/22 to 2024/25 and Capital Programme 2020/21 to 2025/26. 

Report of the Cabinet Member for Finance and Income Generation detailing the Revenue Budget for 2021/22 and the Medium Term Financial Forecast (MTFF) for the period 2021/22 to 2024/25. It provides detail to inform Council in setting Council Tax and rents for 2021/22.  The report also details the General Fund and Housing Revenue Account (HRA) Capital Strategy and Programme for the period 2020/21 to 2025/26.

The Council agreed to suspend Council Procedure Rules 14.2, 14.5, 14.6, 14.7, 14.8, 14.9 and 16.2:

(i)  to enable the above items to be considered together;

(ii)  to enable any amendments to be proposed, seconded and considered at the same time;

(iii)  to enable any amendment to be re-introduced later into the meeting; and

(iv) to revise the time allowed for speakers as follows:-

Movers of motions - 20 minutes

Seconders - 10 minutes

Other Speakers - 4 minutes

Right of Reply (Executive only) – 10 minutes

Amendment moved by Councillor Hannides and seconded by Councillor Fitzhenry, attached as Appendix 1 to these minutes. 

UPON BEING PUT TO THE VOTE THE AMENDMENT WAS DECLARED LOST

NOTE – FOR THE AMENDMENT: Councillors J Baillie, P Baillie, Bell, Fuller, Fitzhenry, G Galton, S Galton, Guthrie, Hannides, B. Harris, L. Harris, Harwood, Houghton, Laurent, Prior, Streets, Vaughan and White.

NOTE – AGAINST THE AMENDMENT: Councillors Barnes-Andrews, Mrs Blatchford, Bogle, Bunday, Chaloner, Coombs, Cooper, Fielker, Hammond, Kataria, Kaur, Keogh, Leggett, Margetts, McEwing, Mintoff, Mitchell, Noon, Paffey, Payne, Renyard, Rayment, Savage, Shields, Spicer, Taggart, Thomas, Whitbread and Windle.

UPON BEING PUT TO THE VOTE THE SUBSTANTIVE MOTION WAS DECLARED CARRIED

RESOLVED that Council:

General Fund

i)  Notes the general budget consultation process that was followed as detailed in paragraphs 34 to 39.

ii)  Notes that the budget consultation feedback has been taken into

consideration by the Cabinet and has informed their final budget proposals. Further details are contained within the Members Room document 3.

iii)  Notes the Equality and Safety Impact Assessment process that was followed as set out in paragraphs 40 to 43. The updated ESIA’s and Cumulative Impact Assessment are available documents in the Members Room, documents 1 and 2.

iv)  Note the forecast outturn position for 2020/21 as set out in paragraphs 29 to 32 of Appendix 1.

v)  Approves the revised Medium Term Financial Forecast (MTFF) for the period 2021/22 to 2024/25 attached as Annex 1.1.

vi)  Approves the 2021/22 General Fund Revenue Budget as detailed in Annex 1.1(a) of the MTFF at Annex 1.1.

vii)  Notes that the Executive’s budget proposals are based on the assumptions detailed within the MTFF and that this includes an increase in the Adult Social Care precept of 3.00% and an increase in the general council tax of 1.99%, allowable under general powers to increase council tax without a referendum.

viii)  Approves additional general fund pressures totalling £36.81M in 2021/22 as detailed in paragraph 50 of Appendix 1. 

ix)  Approves savings proposals totalling £10.68M that are included in the 2021/22 General Fund Revenue Budget, with £7.14M in  ...  view the full minutes text for item 56

Report of the Cabinet Member for Finance and Income Generation detailing the Revenue Budget 2021/22, Medium Term Financial Forecast 2021/22 to 2024/25 and Capital Programme 2020/21 to 2025/26.

DECISION MADE: (CAB 20/21 31164)

On consideration of the report of the Cabinet Member for Finance and Income Generation, Cabinet agreed the following:-

General Fund

i)  Notes the general budget consultation process that was followed as detailed in paragraphs 34 to 39.

  ii)  Notes that the budget consultation feedback has been taken into consideration by the Cabinet and has informed their final budget proposals. Further details are contained within the Members Room document 3.

  iii)  Notes the Equality and Safety Impact Assessment process that was followed as set out in paragraphs 40 to 43. The updated ESIA’s and Cumulative Impact Assessment are available documents in the Members Room, documents 1 and 2.

  iv)  Note the forecast outturn position for 2020/21 as set out in paragraphs 29 to 32 of Appendix 1.

  v)  Approves the revised Medium Term Financial Forecast (MTFF) for the period 2021/22 to 2024/25 attached as Annex 1.1.

  vi)  Approves the 2021/22 General Fund Revenue Budget as detailed in Annex 1.1(a) of the MTFF at Annex 1.1.

  vii)  Notes that the Executive’s budget proposals are based on the assumptions detailed within the MTFF and that this includes an increase in the Adult Social Care precept of 3.00% and an increase in the general council tax of 1.99%, allowable under general powers to increase council tax without a referendum.

  viii)  Approves additional general fund pressures totalling £36.81M in 2021/22 as detailed in paragraph 50 of Appendix 1. 

  ix)  Approves savings proposals totalling £10.68M that are included in the 2021/22 General Fund Revenue Budget, with £7.14M in 2022/23, as detailed in paragraphs 53 to 56 of Appendix 1.

  x)  To note proposals for the use of the Local Council Tax Support Grant will be brought forward during 2021/22, as detailed in paragraph 75 of Appendix 1.

  xi)  To delegate authority to the Executive Director for Finance, Commercialisation & S151 Officer, following consultation with the Cabinet Member for Finance and Income Generation, to do anything necessary to give effect to the proposals contained in this report. 

  xii)  Sets the Band D Council Tax for Southampton City Council at £1,644.39 for 2021/22, a Net Budget Requirement of £173.85M and the Council Tax Requirement for 2020/21 at £105.88M as per Annex 1.2.

  xiii)  Notes the estimates of precepts on the council tax collection fund for 2021/22 as set out in Annex 1.3.

xiv)  Agrees that the following amounts be now calculated by the Council for the financial year 2021/22 in accordance with Section 31 and Sections 34 to 36 of the Local Government Finance Act 1992; and

Determines in accordance with Section 52ZB of the Act that the Council’s relevant basic amount of Council Tax for 2021/22 is not excessive in accordance with principles approved by the Secretary of State under Section 52ZC of the Act.

(a)  £512,018,229 (Being the aggregate of the amounts which the Council estimates for the items set out in Section 31A(2) of the Act).

(b)  £406,137,601 (Being the aggregate of the amounts which the Council estimates for  ...  view the full minutes text for item 32