Issue - meetings

Report of the Cabinet Member for Finance and Capital Assets seeking approval of the Budget 2021-22 and beyond.

It was noted that there had been a need to use officer delegated urgency powers for a decision regarding School Meals Payment which was reported to Council verbally as part of this report.

RESOLVED:

CAPITAL PROGRAMME (GENERAL FUND AND HOUSING REVENUE ACCOUNT)

(i)  That the proposed additions to the General Fund capital programme to 2022/23 and its financing as shown in table 1 (paragraph 12) of the report, and associated financing be approved;

(ii)  That the total additions amount to £22.007M for the General Fund be noted and agrees that these schemes be included in the capital programme with £21.007M having approval to spend and a further £1.000M (as detailed in paragraph 14) of the report which would require subsequent approval to spend;

(iii)  That the proposed additions amounting to £4.431M to 2022/23 in the HRA capital programme with approval to spend and its financing as shown in table 3 (paragraph 19) of the report be approved.

GENERAL REVENUE FUND 

(iv)  That the proposed additions to the budget, as set out in table 2 (paragraph 15) of the report be approved and noted;

(v)  That the revised Medium-Term Financial Forecast (MTFF) estimate for 2022/23 as set out in table 5 and paragraphs 23 to 27 of the report be noted, with an update of the MTFF to be brought forward during the autumn;

(vi)  That the proposed additional net revenue spend for 2021/22 of £2.132M would be funded from the central contingency budget be approved;

(vii)  That authority be delegated to the Executive Director, Communities, Culture & Homes following consultation with the Cabinet Member for Communities, Culture and Heritage, to decide on the eligibility criteria and process for administering the proposed Community

Fund budget (of £0.5M) to tackle anti-social behaviour.

HOUSING REVENUE ACCOUNT

(viii)  That the additions to the Housing Revenue Account budget estimates as set out in table 4 (paragraph 21) of the report be approved.

NOTE: Councillor Vassiliou declared a non-pecuniary interest in the Solent Sky Museum as a Council appointed representative to their Board and remained in the meeting.

Report by the Cabinet Member for Finance and Capital Assets on the budget.

DECISION MADE: (CAB 21/22 31943)

On consideration of the report of the Cabinet Member for Finance and Capital Assets, Cabinet agreed the following:-

CAPITAL PROGRAMME (GENERAL FUND AND HOUSING REVENUE ACCOUNT)

That Cabinet:

i)  Notes the proposed additions to the General Fund capital programme to 2022/23 and its financing as shown in table 1 (paragraph 12);

ii)  Notes the total additions amounting to £22.007M for the General Fund. These schemes are proposed to be included in the capital programme with approval to spend £21.007M plus a further £1.000M (as detailed paragraph 14) which will require subsequent approval to spend;

iii)  Notes the proposed additions amounting to £4.431M to 2022/23 in the HRA capital programme with approval to spend and its financing as shown in table 3 (paragraph 19).

  GENERAL REVENUE FUND

That Cabinet:

iv)  Notes the budget proposals of the Executive as set out in table 2 (paragraph 15), to deliver the manifesto pledges of the Administration;

v)  Notes the revised Medium Term Financial Forecast (MTFF) estimate for 2022/23 as set out in table 5 and paragraphs 23 to 27, with an update of the MTFF to be brought forward during the autumn.

vi)  Notes that the proposed additional net revenue spend for 2021/22 of £2.132M will be funded from the central contingency budget.

  HOUSING REVENUE ACCOUNT

That Cabinet:

vii)  Notes the additions to the Housing Revenue Account budget estimates as set out in table 4 (paragraph 21).