Agenda and minutes

Budget Meeting, Council - Wednesday 6 March 2024 6.00 pm

Venue: Council Chamber

Contact: Democratic Services  Email: committees@gedling.gov.uk

Media

Items
No. Item

84.

Thought for the day

Minutes:

The Mayor’s Chaplain was unable to attend the meeting so no thought for the day was given.

85.

Apologies for absence

Minutes:

No apologies were received.

86.

Declaration of interests

Minutes:

None.

87.

To consider, and if approved, adopt the recommendations of Cabinet dated 21 February 2024 and set the Council Tax for the year ending 31 March 2025 pdf icon PDF 360 KB

Additional documents:

Minutes:

A proposition was moved by Councillor Clarke and seconded by Councillor Payne in the following terms:

 

1.       In accordance with the recommendations of Cabinet on 21 February 2024, that the Prudential and Treasury Indicators and Treasury Management Strategy Statement (TMSS) 2024/25, which includes the Minimum Revenue Provision Policy Statement, the Borrowing Strategy, and the Annual Investment Strategy, set out at pages 5 to 49 of the Council agenda, be approved.

 

2.       In accordance with the recommendations of Cabinet on 21 February 2024, that the Capital Programme and Capital Investment Strategy 2024/25 to 2028/29 set out at pages 51 to 79 of the Council agenda, be approved.

 

3.       In accordance with the recommendation of Cabinet on 21 February 2024, that the financial threshold above which decisions will be regarded as Key Decisions be set at £0.5 million for 2024/25, and that the detailed budget for 2024/25 included at pages 111 to 192 of the Council agenda be approved.

 

4.       That the sum of £16,200 be taken to General Fund Balances in 2024/25 to support future General Fund revenue expenditure.

 

5.       That it be noted that the Portfolio holder for Corporate Resources and Performance and Deputy Leader of the Council determined on 12 December 2023 (D1473), the following amounts for the year 2024/25 in accordance with regulations made under section 31(B) of the Local Government Finance Act 1992.

 

(a)  38,962.89 being the amount calculated by the Council, in accordance with regulation 3 of the Local Authorities (Calculation of Council Tax Base) (England) Regulations 2012, as its council tax base for the year. (The Council Tax base for the whole district)

 

 (b)

Part of the Council’s Area

 

Tax Base

Bestwood Village

702.73

Burton Joyce

1,538.33

Calverton

2,489.52

Colwick

892.59

Lambley

506.65

Linby

389.44

Newstead

374.94

Papplewick

270.14

Ravenshead

St Albans

2,769.07

949.14

Stoke Bardolph

390.16

Woodborough

934.47

 

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 one or more special items relate. (The Council Tax base for each parish)

 

6.       That the following amounts be now calculated by the Council for the year 2024/25 in accordance with sections 31A, 31B and 34 to 36 of the Local Government Finance Act 1992 (the Act):

 

(a)      £45,578,640 being the aggregate of the amounts which the Council estimates for the items set out in section 31A(2) of the Act. (Effectively gross expenditure including parish precepts, and transfers to reserves)

 

(b)      £37,299,400 being the aggregate of the amounts which the Council estimates for the items set out in section 31A(3) of the Act. (Effectively gross income and transfers from reserves)

 

(c)      £8,279,240 being the amount by which the aggregate at 6(a) above exceeds the aggregate at 6(b) above, calculated by the Council, in accordance with section 31A(4) of the Act, as its Council Tax Requirement for the year. (Expenditure less income)

 

(d)      £212.49 being  ...  view the full minutes text for item 87.

Recorded Vote
TitleTypeRecorded Vote textResult
Conservative amendment to Council Tax 2024/25 Amendment Rejected
Liberal Democrat amendment to Council Tax 2024/25 Amendment Rejected
Independent amendment to Council Tax 2024/25 Amendment Rejected
Original motion - Council Tax 2024/25 & budget Motion Carried
  • View Recorded Vote for this item
  • 88.

    Review of Council Procedural Rules pdf icon PDF 158 KB

    Report of the Interim Corporate Director

    Additional documents:

    Minutes:

    Consideration was given to a report of the Interim Corporate Director, seeking approval of the amended Council procedural rules.

     

    RESOLVED:

     

    The motion stands adjourned without discussion until the next ordinary meeting of Council.