Agenda item

Medium Term Financial Plan (MTFP) 2017/20

To consider the recommendations of the Executive in relation to the Medium Term Financial Plan 2017/20 and Budget submission and Council Tax for 2017/18.

 

RECOMMENDATION:  That Council is recommended to approve:

 

1)        the Medium Term Financial Plan for 2017/20 including the revenue budget submission for 2017/18;

 

2)        the Statutory Resolution that sets out the 2017/18 council tax levels. (Appendix A);

 

3)        that in the event that there are any changes to the provisional precept of the Fire Authority, arising from their precept setting meeting being held on 27 February, the Director of Corporate Services is delegated authority to enact all relevant changes to the MTFP, Statutory Resolution and council tax levels.

 

Minutes:

It was proposed by Councillor Julian McGhee-Sumner and seconded by Councillor Anthony Pollock that the Medium Term Financial Plan for 2017/20, including the Revenue Budget Submission for 2017/18 and the Statutory Resolution setting out the 2017/18 Council Tax levels, as amended and tabled at the meeting, be approved.

 

In line with the requirements of the ‘The Local Authorities (Standing Orders) (England) (Amendment) Regulations 2014’, a recorded vote was taken.

 

FOR

AGAINST

ABSTAINED

Mark Ashwell

Prue Bray

Ian Pittock

Alistair Auty

Gary Cowan

Bob Pitts

Parry Batth

Andy Croy

Rob Stanton

Laura Blumenthal

Lindsay Ferris

 

Chris Bowring

Clive Jones

 

David Chopping

Beth Rowland

 

UllaKarin Clark

Imogen Shepherd-DuBey

 

Richard Dolinski

Rachelle Shepherd-DuBey

 

Michael Firmager

 

Kate Haines

 

 

Mike Haines

 

 

Emma Hobbs

 

 

Tim Holton

 

 

John Jarvis

 

 

Norman Jorgensen

 

 

Pauline Jorgensen

 

 

John Kaiser

 

 

Dianne King

 

 

David Lee

 

 

Abdul Loyes

 

 

Charles Margetts

 

 

Julian McGhee-Sumner

 

 

Ken Miall

 

 

Philip Mirfin

 

 

Stuart Munro

 

 

Anthony Pollock

 

 

Malcolm Richards

 

 

Angus Ross

 

 

Chris Smith

 

 

Bill Soane

 

 

Alison Swaddle

 

 

Simon Weeks

 

 

Oliver Whittle

 

 

Shahid Younis

 

 

 

Upon being put to the vote it was:

 

RESOLVED That:

 

1)        the Medium Term Financial Plan for 2017/20 including the revenue budget submission for 2017/18 be approved;

 

2)        the Statutory Resolution that sets out the 2017/18 council tax levels. (Appendix A), as tabled at the meeting, be approved and that it be noted that that at its meeting on 26th January 2017 Special Council Executive calculated the following amounts for the year 2017/18 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)

67,433.40 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), as its council tax base for the year

(b)

Part of the Council's area.

Arborfield and Newland

1,263.4

Barkham

1,526.9

Charvil

1,409.3

Earley

11,755.9

Finchampstead

5,725.0

Remenham

321.9

 

Ruscombe

501.5

St. Nicholas Hurst

1,053.1

Shinfield

5,144.0

Sonning

808.3

Swallowfield

1,006.0

Twyford

2,994.5

Wargrave

2,098.3

 

Winnersh

3,897.1

Wokingham

14,685.2

Wokingham Without

3,109.9

Woodley

10,133.1

67,433.4

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.

2.

Calculate that the Council Tax requirement for the Council’s own purposes for 2017/18 (excluding Parish precepts) is £91,660,197. This includes £4,300,902 in respect of the Adult Social Care precept for 2017/18; this is based on a 3% increase on the 2016/17 council tax level and a 2% increase on the 2015/16 council tax level.

3.

That the following amounts be now calculated by the Council for the year 2016/2017 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 Arborfield, Earley and Winnersh are provisional and are subject to approval at the parishes annual precept meetings between February 14th and February 22nd 2017. The precept shown below for the Royal Berkshire Fire Authority is also provisional subject to approval at a meeting of the Fire Authority on  27 February 2017:-

(a)

£300,610,752

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

(b)

(£205,018,692)

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

(c)

£95,592,061

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)

(d)

£1,417.58

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).

(e)

£3,931,863

being the aggregate amount of all special items (parish precepts) referred to in Section 34(1) of the Act (as per the table below).

2017/18

2016/17

Council

TAX

PARISH

PARISH

TAX

PARISH

PARISH

Tax

BASE

PRECEPT

BAND D

BASE

PRECEPT

BAND D

Increase

£

£

£

£

%

Arborfield and Newland

1,263.4

95,150

75.31

1,260.0

87,866

69.73

8.00

Barkham

1,526.9

46,342

30.35

1,440.6

42,342

29.39

3.26

Charvil

1,409.3

40,715

28.89

1,399.6

39,655

28.33

1.97

Earley

11,755.9

812,780

69.14

11,704.0

778,784

66.54

3.91

Finchampstead

5,725.0

126,944

22.17

5,665.3

123,848

21.86

1.41

Remenham

321.9

23,150

71.92

317.5

22,250

70.08

2.63

Ruscombe

501.5

10,266

20.47

497.9

10,266

20.62

(0.72)

St. Nicholas Hurst

1,053.1

30,000

28.49

1,044.2

25,035

23.98

18.83

Shinfield

5,144.0

341,047

66.30

4,780.7

316,950

66.30

0.00

Sonning

808.3

35,568

44.00

806.9

34,700

43.00

2.32

Swallowfield

1,006.0

19,308

19.19

995.1

19,108

19.20

(0.06)

Twyford

2,994.5

77,921

26.02

2,961.5

67,798

22.89

13.66

Wargrave

2,098.3

168,345

80.23

2,085.0

161,465

77.44

3.60

Winnersh

3,897.1

110,521

28.36

3,801.3

107,801

28.36

0.00

Wokingham

14,685.2

766,961

52.23

14,294.6

710,990

49.74

5.01

Wokingham Without

3,109.9

145,543

46.80

3,107.1

145,415

46.80

(0.00)

Woodley

10,133.1

1,081,303

106.71

9,840.1

1,039,607

105.65

1.00

Total / Average

67,433.4

3,931,863

58.31

66,001.4

3,733,880

56.57

3.07

(f)

£1,359.27

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.

4.

That it be noted that for the year 2017/2018 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 27th February 2017, and their provisional precept has been used based on the report going to their management committee on 14th February 2017.

5.

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 2017/2018 for each part of its area and for each of the categories of dwellings.

SUMMARY OF COUNCIL TAX 2017/2018

Valuation Bands

A

B

C

D

E

F

G

H

Wokingham Borough Council

906.18

1,057.21

1,208.24

1,359.27

1,661.33

1,963.39

2,265.45

2,718.54

Thames Valley Police Authority

113.52

132.44

151.36

170.28

208.12

245.96

283.80

340.56

Royal Berkshire Fire Authority

41.66

48.60

55.55

62.49

76.38

90.26

104.15

124.98

Aggregate of Council Tax Requirement for each parish and the borough for each part of the Council's area:-

Arborfield and Newland

956.39

1,115.78

1,275.18

1,434.58

1,753.38

2,072.17

2,390.97

2,869.16

Barkham

926.41

1,080.82

1,235.22

1,389.62

1,698.42

2,007.23

2,316.03

2,779.24

Charvil

925.44

1,079.68

1,233.92

1,388.16

1,696.64

2,005.12

2,313.60

2,776.32

Earley

952.27

1,110.99

1,269.70

1,428.41

1,745.83

2,063.26

2,380.68

2,856.82

Finchampstead

920.96

1,074.45

1,227.95

1,381.44

1,688.43

1,995.41

2,302.40

2,762.88

Remenham

954.13

1,113.15

1,272.17

1,431.19

1,749.23

2,067.27

2,385.32

2,862.38

Ruscombe

919.83

1,073.13

1,226.44

1,379.74

1,686.35

1,992.96

2,299.57

2,759.48

St. Nicholas Hurst

925.17

1,079.37

1,233.56

1,387.76

1,696.15

2,004.54

2,312.93

2,775.52

Shinfield

950.38

1,108.78

1,267.17

1,425.57

1,742.36

2,059.16

2,375.95

2,851.14

Sonning

935.51

1,091.43

1,247.35

1,403.27

1,715.11

2,026.95

2,338.78

2,806.54

Swallowfield

918.97

1,072.14

1,225.30

1,378.46

1,684.78

1,991.11

2,297.43

2,756.92

Twyford

923.53

1,077.45

1,231.37

1,385.29

1,693.13

2,000.97

2,308.82

2,770.58

Wargrave

959.67

1,119.61

1,279.56

1,439.50

1,759.39

2,079.28

2,399.17

2,879.00

Winnersh

925.09

1,079.27

1,233.45

1,387.63

1,695.99

2,004.35

2,312.72

2,775.26

Wokingham

941.00

1,097.83

1,254.67

1,411.50

1,725.17

2,038.83

2,352.50

2,823.00

Wokingham Without

937.38

1,093.61

1,249.84

1,406.07

1,718.53

2,030.99

2,343.45

2,812.14

Woodley

977.32

1,140.21

1,303.09

1,465.98

1,791.75

2,117.53

2,443.30

2,931.96

 

Aggregate of Council Tax Requirements for each part of the Council's area:-

Arborfield and Newland

1,111.57

1,296.82

1,482.09

1,667.35

2,037.88

2,408.39

2,778.92

3,334.70

Barkham

1,081.59

1,261.86

1,442.13

1,622.39

1,982.92

2,343.45

2,703.98

3,244.78

Charvil

1,080.62

1,260.72

1,440.83

1,620.93

1,981.14

2,341.34

2,701.55

3,241.86

Earley

1,107.45

1,292.03

1,476.61

1,661.18

2,030.33

2,399.48

2,768.63

3,322.36

Finchampstead

1,076.14

1,255.49

1,434.86

1,614.21

1,972.93

2,331.63

2,690.35

3,228.42

Remenham

1,109.31

1,294.19

1,479.08

1,663.96

2,033.73

2,403.49

2,773.27

3,327.92

Ruscombe

1,075.01

1,254.17

1,433.35

1,612.51

1,970.85

2,329.18

2,687.52

3,225.02

St. Nicholas Hurst

1,080.35

1,260.41

1,440.47

1,620.53

1,980.65

2,340.76

2,700.88

3,241.06

Shinfield

1,105.56

1,289.82

1,474.08

1,658.34

2,026.86

2,395.38

2,763.90

3,316.68

Sonning

1,090.69

1,272.47

1,454.26

1,636.04

1,999.61

2,363.17

2,726.73

3,272.08

Swallowfield

1,074.15

1,253.18

1,432.21

1,611.23

1,969.28

2,327.33

2,685.38

3,222.46

Twyford

1,078.71

1,258.49

1,438.28

1,618.06

1,977.63

2,337.19

2,696.77

3,236.12

Wargrave

1,114.85

1,300.65

1,486.47

1,672.27

2,043.89

2,415.50

2,787.12

3,344.54

Winnersh

1,080.27

1,260.31

1,440.36

1,620.40

1,980.49

2,340.57

2,700.67

3,240.80

Wokingham

1,096.18

1,278.87

1,461.58

1,644.27

2,009.67

2,375.05

2,740.45

3,288.54

Wokingham Without

1,092.56

1,274.65

1,456.75

1,638.84

2,003.03

2,367.21

2,731.40

3,277.68

Woodley

1,132.50

1,321.25

1,510.00

1,698.75

2,076.25

2,453.75

2,831.25

3,397.50

 

3)        that in the event that there are any changes to the provisional precept of the Fire Authority, arising from their precept setting meeting being held on 27 February, the Director of Corporate Services is delegated authority to enact all relevant changes to the MTFP, Statutory Resolution and council tax levels.

Supporting documents: