Agenda item

 3.1   General Fund Revenue Budget 2017/18 to 2019/20

 3.2   Housing Revenue Account 2017/18

General Fund Revenue Budget 2017/18 to 2019/20

The City Mayor submitted his proposed budget for 2017/18 to 2019/20.  The report contained details of the proposed budget strategy and also identified the impact of the budget and the Council’s financial position.

Details of the City mayor’s Recommendation of General Fund Revenue Budget 2017/18 and the General Fund Revenue Budget and Council Tax 2017/18 – Formal Resolutions were available at the meeting and are attached to these minutes.

Moved by City Mayor, seconded by Deputy City Mayor, to move:

29.       That Council:

1)        Thanks partners, scrutiny committees, trade unions and others who have commented on the draft budget;

2)        Notes the comments made in the City Mayor’s formal Decision Notice published on 21 February 2017 and attached as Appendix B to the Script and available at the meeting;

3)        Approves the recommendations set out in section 3.1 of the report ‘General Fund Revenue Budget 2017/18 to 2019/20’ without amendment; and

4)        Approves the formal budget resolution as set out in Appendix C to the Script and available at the meeting.

The Lord Mayor put the motion to the vote.

It was noted that under the requirements of The Local Authorities (Standing Orders) (England) (Amendment) Regulations 2014 the names of the Councillors voting for or against the proposition would be recorded by the Head of Law and Deputy Monitoring Officer and included in the minutes of the meeting.

For the motion:

Councillors Aldred, Alfonso, Aqbany, Bajaj, Bhavsar, Byrne, Cank, Cassidy, Chaplin, Chohan, Chowdhury, Clarke, Cleaver, Cole, Connelly, Corrall (Lord Mayor), Cutkelvin, Fonseca, Govind, Grant, Hunter, Joshi, Kitterick, Malik, Master, Moore, Newcombe, Osman, Palmer, Patel, Riyait, Russell, Sandhu, Senior, Shelton, Singh, Singh Johal, Sood, Soulsby (City Mayor), Thalukdar, Thomas, Unsworth, Waddington, Westley, Willmott.

Against the motion

Councillors Porter

Note of action following the meeting

The local government finance settlement was approved by the House of Commons after Council had made the above Resolution.  As such in line with 2.8 of the formal budget resolution as referred to in Resolution 4 above and set out in the documents available at the meeting and appended to these minutes.  On receipt of the local government finance settlement the Director of Finance made the determination under Section 52ZB of the Local Government Finance Act 1992 that the relevant basic amount of Council Tax for 2017/18 (being an increase of less than 5%) was not excessive in accordance with principles issued under section 52ZC of the Act. 

Housing Revenue Account Budget 2017/18:-

The Housing Revenue Budget (including HRA capital programme) for 2017/18 was submitted. It was noted that the report was in the context of the government requirement that rents were reduced by 1% per annum for the four year period from 2016 to 2020.

Details of the recommendation of the City Mayor Recommendation of Housing Revenue

Budget 2017/18 were available at the meeting and are attached to these minutes.

Moved by Councillor Connelly, seconded by Councillor Newcombe and carried:

30.       That Council:

Approves the recommendations set out in section 3 of the report ‘Housing Revenue Account Budget 2017/18’ without amendment and as recommended to Council in the formal City Mayor decision notice published on 21 February 2017 and attached at Appendix D to the script and available at the meeting.