Agenda item
Medium Term Financial Plan 2019/22
- Meeting of Budget, Council, Thursday, 21st February, 2019 8.00 pm (Item 93.4)
- View the background to item 93.4
To consider the recommendations of the Executive in relation to the Medium Term Financial Plan 2019/22 and the Budget submission and Council Tax for 2019/20.
RECOMMENDATION That Council is recommended to approve:
1) the Medium Term Financial Plan (MTFP) 2019/22, including the budget submission for 2019/20.
2) the statutory resolution that sets out the 2019/20 council tax levels (as set out in Appendix A to the report).
3) that in the event that there are any changes to the provisional precept of the Fire Authority or parishes, arising from their precept setting meetings being held before the end of February, the Deputy Chief Executive (S151 Officer) is delegated authority to enact all relevant changes to the MTFP, Statutory Resolution and council tax levels.
Minutes:
Following the Budget debate, it was proposed by Julian McGhee-Sumner and seconded by Anthony Pollock that the Medium Term Financial Plan for 2019/22, including the Revenue Budget Submission for 2019/20 and the Statutory Resolution setting out the 2019/20 Council Tax levels, be approved.
In line with the requirements of the Local Authorities (Standing Orders) (England) (Amendment) Regulations 2014, a recorded vote was taken.
The voting was as follows:
FOR |
AGAINST |
ABSTAINED |
Alistair Auty |
Rachel Burgess |
John Kaiser |
Keith Baker |
Gary Cowan |
|
Parry Batth |
Andy Croy |
|
Laura Blumenthal |
Carl Doran |
|
Chris Bowring |
Lindsay Ferris |
|
Jenny Cheng |
David Hare |
|
UllaKarin Clark |
Clive Jones |
|
Richard Dolinski |
Sarah Kerr |
|
Guy Grandison |
Ian Pittock |
|
Kate Haines |
Imogen Shepherd-Dubey |
|
Mike Haines |
Rachelle Shepherd-Dubey |
|
Charlotte Haitham Taylor |
|
|
John Halsall |
|
|
Pauline Helliar-Symons |
|
|
Tim Holton |
|
|
Philip Houldsworth |
|
|
John Jarvis |
|
|
Norman Jorgensen |
|
|
Pauline Jorgensen |
|
|
Dianne King |
|
|
Abdul Loyes |
|
|
Julian McGhee-Sumner |
|
|
Ken Miall |
|
|
Philip Mirfin |
|
|
Stuart Munro |
|
|
Anthony Pollock |
|
|
Malcolm Richards |
|
|
Angus Ross |
|
|
Daniel Sargeant |
|
|
Chris Smith |
|
|
Simon Weeks |
|
|
Shahid Younis |
|
|
Upon being put to the vote it was:
RESOLVED That:
1) the Medium Term Financial Plan (MTFP) 2019/22, including the Budget submission for 2019/20 and the changes put forward at the meeting, be approved;
2) the Statutory Resolution that sets out the 2019/20 Council Tax levels, as set out in the revised Appendix A (as tabled at the meeting) be approved;
3) in the event that there are any changes to the provisional precept for the Fire Authority or Parishes, arising from the precept setting meetings being held before the end of February 2019, the Deputy Chief Executive (S151 Officer) be delegated authority to enact all relevant changes to the MTFP, Statutory Resolution and Council Tax levels;
4) it be noted that, at its meeting on 14th December 2018, Council calculated the following amounts for the year 2019/20 in accordance with regulations made under Section 31B of the Local Government Finance Act 1992, as amended by the Localism Act 2011 and the Local government Finance Act 2012;
a) 70,176.60 being the amount calculated by the Council (Item T) in accordance with Regulation 31B of the Local Authorities (Calculation of Council Tax Base) Regulations 1992 (as amended by the Localism Act 2011 and the Local Government Finance Act 2012;
b) Part of the Council’s area:
Arborfield and Newland |
1,292.3 |
Barkham |
1,687.1 |
Charvil |
1,411.9 |
Earley |
11,894.1 |
Finchampstead |
5,933.3 |
Remenham |
326.3 |
Ruscombe |
498.8 |
St. Nicholas Hurst |
1,064.4 |
Shinfield |
5,656.8 |
Sonning |
817.6 |
Swallowfield |
1,069.9 |
Twyford |
3,011.8 |
Wargrave |
2,119.6 |
Winnersh |
4,117.7 |
Wokingham |
15,513.8 |
Wokingham Without |
3,232.4 |
Woodley |
10,528.8 |
70,176.6 |
being the amounts calculated by the Council, in accordance with Regulation 6 of the Regulations, as the amounts of its Council Tax base for the year for dwellings in those parts of its area to which a Parish precept relates;
5) the Council Tax requirement for the Council’s own purposes for 2019/20 (excluding Parish precepts) is £104,137,162. This includes £7,363,631 in respect of the Adult Social care precept for 2019/20; this is based on a 0.5% increase on the 2018/19 Council Tax;
6) the following amounts be now calculated by the Council for the year 2019/20 in accordance with Sections 32 to 36 of the Local Government Finance Act 1992, amended by the Localism Act 2011. However, the precepts shown below for the Parishes of Earley and Winnersh are provisional and are subject to approval at the Parishes annual precept meetings by the end of February 2019. The precept shown below for the Royal Berkshire Fire Authority is also provisional subject to approval at a meeting of the Fire Authority on 25 February 2019:
£295,419,141 |
being the aggregate of the amounts which the Council estimates for the items set out in Section 31A(2)(a) to (f) of the Act taking into account all precepts issued to it by Parish Councils |
(£186,903,124) |
being the aggregate of the amounts which the Council estimates for the items set out in Section 31A(3)(a) to (d) of the Act |
£108,516,017 |
being the amount by which the aggregate at 3(a) above, exceeds the aggregate at 3(b) above, calculated by the Council, in accordance with Section 31A(4) of the Act, as its Council Tax requirement for the year (Item R) |
£1,546.33 |
being the amount at 3(c) above (Item R), all divided by 1(a) above (Item T), calculated by the Council, in accordance with Section 31B of the Act, as the 'basic amount of its Council Tax for the year (including Parish precepts). |
£4,378,855 |
being the aggregate amount of all special items (Parish precepts) referred to in Section 34(1) of the Act (as per the table below): |
|
2019/20 |
|
2018/19 |
|
||||
|
TAX BASE |
PARISH PRECEPT |
PARISH BAND D |
|
TAX BASE |
PARISH PRECEPT |
PARISH BAND D |
Council Tax Increase |
|
|
£ |
£ |
|
|
£ |
£ |
% |
Arborfield and Newland |
1,292.3 |
105,020 |
81.27 |
|
1,272.4 |
100,231 |
78.77 |
3.17 |
Barkham |
1,687.1 |
54,858 |
32.52 |
|
1,594.4 |
50,318 |
31.56 |
3.04 |
Charvil |
1,411.9 |
48,684 |
34.48 |
|
1,409.7 |
47,070 |
33.39 |
3.26 |
Earley |
11,894.1 |
881,817 |
74.14 |
|
11,842.5 |
859,700 |
72.59 |
2.14 |
Finchampstead |
5,933.3 |
153,698 |
25.90 |
|
5,769.5 |
139,638 |
24.20 |
7.02 |
Remenham |
326.3 |
24,919 |
76.37 |
|
320.0 |
24,076 |
75.24 |
1.50 |
Ruscombe |
498.8 |
33,725 |
67.61 |
|
496.8 |
35,500 |
71.46 |
(5.39) |
St. Nicholas Hurst |
1,064.4 |
41,600 |
39.08 |
|
1,058.1 |
40,000 |
37.80 |
3.39 |
Shinfield |
5,656.8 |
412,500 |
72.92 |
|
5,371.7 |
356,144 |
66.30 |
9.98 |
Sonning |
817.6 |
37,187 |
45.48 |
|
815.3 |
36,280 |
44.50 |
2.20 |
Swallowfield |
1,069.9 |
20,530 |
19.19 |
|
1,041.4 |
19,984 |
19.19 |
0.00 |
Twyford |
3,011.8 |
85,360 |
28.34 |
|
3,004.9 |
81,645 |
27.17 |
4.31 |
Wargrave |
2,119.6 |
184,373 |
86.98 |
|
2,110.3 |
175,660 |
83.24 |
4.49 |
Winnersh |
4,117.7 |
137,314 |
33.35 |
|
4,011.3 |
113,760 |
28.36 |
17.60 |
Wokingham |
15,513.8 |
853,332 |
55.00 |
|
15,052.5 |
809,335 |
53.77 |
2.29 |
Wokingham Without |
3,232.4 |
180,409 |
55.81 |
|
3,179.5 |
163,673 |
51.48 |
8.41 |
Woodley |
10,528.8 |
1,123,528 |
106.71 |
|
10,318.8 |
1,101,119 |
106.71 |
0.00 |
|
|
|
|
|
|
|
|
|
Total / Average |
70,176.6 |
4,378,855 |
62.40 |
|
68,669.1 |
4,154,134 |
60.49 |
3.15 |
£1,483.93 |
being the amount at 3(d) above less the result given by dividing the amount at 3(e) above by the amount at 1(a) above, calculated by the Council, in accordance with Section 34(2) of the Act, as the basic amount of its council tax for the year for dwellings in those parts of its area to which no special items relates. |
7) That it be noted that for the year 2019/2020 the Police and Crime Commissioner for the Thames Valley has issued a precept to the Council in accordance with Section 40 of the Local Government Finance Act 1992 for each category of dwellings in the Council's area as indicated in the table below. The Royal Berkshire Fire and Rescue Authority is due to approve its precept on 25th February 2019, and their provisional precept has been used below.
8) That the Council in accordance with Sections 30 and 36 of the Local Government Finance Act 1992, hereby sets the aggregate amounts shown in the tables below as the amounts of Council Tax for 2019/2020 for each part of its area and for each of the categories of dwellings.
SUMMARY OF COUNCIL TAX 2019/20
Valuation Bands
|
A |
B |
C |
D |
E |
F |
G |
H |
Wokingham Borough Council |
989.29 |
1,154.17 |
1,319.05 |
1,483.93 |
1,813.69 |
2,143.45 |
2,473.22 |
2,967.86 |
Thames Valley Police Authority |
137.52 |
160.44 |
183.36 |
206.28 |
252.12 |
297.96 |
343.80 |
412.56 |
Royal Berkshire Fire Authority |
44.19 |
51.55 |
58.92 |
66.28 |
81.01 |
95.74 |
110.47 |
132.56 |
Aggregate of Council Tax Requirement for each Parish and the Borough for each part of the Council's area:
|
A |
B |
C |
D |
E |
F |
G |
H |
Arborfield and Newland |
1,043.47 |
1,217.38 |
1,391.29 |
1,565.20 |
1,913.02 |
2,260.84 |
2,608.67 |
3,130.40 |
Barkham |
1,010.97 |
1,179.46 |
1,347.96 |
1,516.45 |
1,853.44 |
2,190.42 |
2,527.42 |
3,032.90 |
Charvil |
1,012.28 |
1,180.99 |
1,349.70 |
1,518.41 |
1,855.83 |
2,193.25 |
2,530.69 |
3,036.82 |
Earley |
1,038.72 |
1,211.83 |
1,384.95 |
1,558.07 |
1,904.31 |
2,250.54 |
2,596.79 |
3,116.14 |
Finchampstead |
1,006.56 |
1,174.31 |
1,342.07 |
1,509.83 |
1,845.35 |
2,180.86 |
2,516.39 |
3,019.66 |
Remenham |
1,040.20 |
1,213.57 |
1,386.93 |
1,560.30 |
1,907.03 |
2,253.76 |
2,600.50 |
3,120.60 |
Ruscombe |
1,034.36 |
1,206.76 |
1,379.15 |
1,551.54 |
1,896.32 |
2,241.11 |
2,585.90 |
3,103.08 |
St. Nicholas Hurst |
1,015.34 |
1,184.57 |
1,353.79 |
1,523.01 |
1,861.45 |
2,199.90 |
2,538.35 |
3,046.02 |
Shinfield |
1,037.90 |
1,210.89 |
1,383.87 |
1,556.85 |
1,902.81 |
2,248.78 |
2,594.75 |
3,113.70 |
Sonning |
1,019.61 |
1,189.54 |
1,359.48 |
1,529.41 |
1,869.28 |
2,209.14 |
2,549.02 |
3,058.82 |
Swallowfield |
1,002.08 |
1,169.10 |
1,336.11 |
1,503.12 |
1,837.14 |
2,171.17 |
2,505.20 |
3,006.24 |
Twyford |
1,008.18 |
1,176.21 |
1,344.24 |
1,512.27 |
1,848.33 |
2,184.39 |
2,520.45 |
3,024.54 |
Wargrave |
1,047.28 |
1,221.82 |
1,396.37 |
1,570.91 |
1,920.00 |
2,269.09 |
2,618.19 |
3,141.82 |
Winnersh |
1,011.52 |
1,180.11 |
1,348.69 |
1,517.28 |
1,854.45 |
2,191.62 |
2,528.80 |
3,034.56 |
Wokingham |
1,025.96 |
1,196.95 |
1,367.94 |
1,538.93 |
1,880.91 |
2,222.89 |
2,564.89 |
3,077.86 |
Wokingham Without |
1,026.50 |
1,197.58 |
1,368.66 |
1,539.74 |
1,881.90 |
2,224.06 |
2,566.24 |
3,079.48 |
Woodley |
1,060.43 |
1,237.17 |
1,413.90 |
1,590.64 |
1,944.11 |
2,297.59 |
2,651.07 |
3,181.28 |
Aggregate of Council Tax Requirements for each part of the Council's area:
|
A |
B |
C |
D |
E |
F |
G |
H |
Arborfield and Newland |
1,225.18 |
1,429.37 |
1,633.57 |
1,837.76 |
2,246.15 |
2,654.54 |
3,062.94 |
3,675.52 |
Barkham |
1,192.68 |
1,391.45 |
1,590.24 |
1,789.01 |
2,186.57 |
2,584.12 |
2,981.69 |
3,578.02 |
Charvil |
1,193.99 |
1,392.98 |
1,591.98 |
1,790.97 |
2,188.96 |
2,586.95 |
2,984.96 |
3,581.94 |
Earley |
1,220.43 |
1,423.82 |
1,627.23 |
1,830.63 |
2,237.44 |
2,644.24 |
3,051.06 |
3,661.26 |
Finchampstead |
1,188.27 |
1,386.30 |
1,584.35 |
1,782.39 |
2,178.48 |
2,574.56 |
2,970.66 |
3,564.78 |
Remenham |
1,221.91 |
1,425.56 |
1,629.21 |
1,832.86 |
2,240.16 |
2,647.46 |
3,054.77 |
3,665.72 |
Ruscombe |
1,216.07 |
1,418.75 |
1,621.43 |
1,824.10 |
2,229.45 |
2,634.81 |
3,040.17 |
3,648.20 |
St. Nicholas Hurst |
1,197.05 |
1,396.56 |
1,596.07 |
1,795.57 |
2,194.58 |
2,593.60 |
2,992.62 |
3,591.14 |
Shinfield |
1,219.61 |
1,422.88 |
1,626.15 |
1,829.41 |
2,235.94 |
2,642.48 |
3,049.02 |
3,658.82 |
Sonning |
1,201.32 |
1,401.53 |
1,601.76 |
1,801.97 |
2,202.41 |
2,602.84 |
3,003.29 |
3,603.94 |
Swallowfield |
1,183.79 |
1,381.09 |
1,578.39 |
1,775.68 |
2,170.27 |
2,564.87 |
2,959.47 |
3,551.36 |
Twyford |
1,189.89 |
1,388.20 |
1,586.52 |
1,784.83 |
2,181.46 |
2,578.09 |
2,974.72 |
3,569.66 |
Wargrave |
1,228.99 |
1,433.81 |
1,638.65 |
1,843.47 |
2,253.13 |
2,662.79 |
3,072.46 |
3,686.94 |
Winnersh |
1,193.23 |
1,392.10 |
1,590.97 |
1,789.84 |
2,187.58 |
2,585.32 |
2,983.07 |
3,579.68 |
Wokingham |
1,207.67 |
1,408.94 |
1,610.22 |
1,811.49 |
2,214.04 |
2,616.59 |
3,019.16 |
3,622.98 |
Wokingham Without |
1,208.21 |
1,409.57 |
1,610.94 |
1,812.30 |
2,215.03 |
2,617.76 |
3,020.51 |
3,624.60 |
Woodley |
1,242.14 |
1,449.16 |
1,656.18 |
1,863.20 |
2,277.24 |
2,691.29 |
3,105.34 |
3,726.40 |
Supporting documents: