Issue - meetings

Report CSD22023

The Director of Finance confirmed that there were no changes to the levy amounts that were presented to the Executive at its meeting on 10^th February 2022 (recommendation 2.1(e)). The GLA Precept amounts that were presented to the Executive on 10^th February 2022 (recommendations 2.2 and 5) had now been confirmed as final following agreement of the Mayoral Budget for 2022/23 on 24^th February 2022.  

Councillor Michael Rutherford, seconded by Councillor Colin Smith, moved acceptance of the recommendations made by the Executive, subject to the following amendment -

The following change be made to the recommended budget for 2022/23: 

“Amended Recommendation (2.1): 

(b)Approves the draft revenue budgets for 2022/23 to include the following updated change: 

(i)  Council is requested to agree that a sum of £1m be set aside as a Platinum Jubilee Parks earmarked reserve, funded from underspends.  

  (ii)  Members are asked to note that the utilisation of the reserve will be reported to the Environmental Services Portfolio Holder with the agreement of the Resources, Commissioning and Contract Management Portfolio Holder.” 

The recommendations, as amended, were CARRIED as follows –

That Council -

(1)  (a) Approves the schools budget of £92.411m which matches the estimated level of Dedicated Schools Grant (DSG) after academy recoupment;

(b) Approves the draft revenue budgets for 2022/23 to include the following updated change: 

(i)  Agrees that a sum of £1m be set aside as a Platinum Jubilee Parks earmarked reserve, funded from underspends.  

  (ii) Notes that the utilisation of the reserve will be reported to the Environmental Services Portfolio Holder with the agreement of the Resources, Commissioning and Contract Management Portfolio Holder. 

  (c)  Agrees that Chief Officers identify alternative savings/mitigation within their departmental budgets where it is not possible to realise any savings/mitigation reported to the previous meeting of the Executive held on 12^th January 2022;

(d) Approves a revised Central Contingency sum of £18,231k (see Section 6, Recommendation 7 and Recommendation 2.1e of the report);

(e) Approves the following provisions for levies for inclusion in the budget for 2022/23:

The reduction of £65k in the 2022/23 levy amounts is offset by a £65k increase in the 2022/23 Central Contingency as a provision towards meeting inflation cost pressures.

(f)  Notes the latest position on the GLA precept, as above, which will be finalised in the overall Council Tax figure to be reported to full Council (see section 12);

(g) Sets a 1% increase in Adult Social Care Precept with a nil increase in Bromley’s General Council Tax, compared with 2021/22 (1.99% general increase plus 3% Adult Social Care Precept) and note that, based upon their consultation exercise, the GLA are currently assuming a 8.8%  ...  view the full minutes text for item 314