Agenda item

1.

The recommendations as detailed in the reports from the Chief Finance Officer and the Director of Service Delivery to Cabinet on 6 February 2019, including an amended recommendation (i):

(i)

The General Fund net expenditure for 2019/20 of £13,065,300 and the growth and savings proposals.

(ii)

The charge for council tax for Eastbourne Borough Council Band D change to £246.77; an increase of 2.96%.

(iii)

Housing Revenue Account (HRA) income and expenditure proposals, including revised HRA budget for 2018/19 and the budget for 2019/20, rents and service charges and the arrangements for finalising Eastbourne Homes’ management fee.

(iv)

General Fund capital programme as set out in the report of the Chief Finance Officer.

(v)

The Treasury Management Strategy and Prudential Indicators.

2.

To note the finalised Business Rates return to the Government (NNDR1) and the levy figures for the Business Rate pilot pool which had been confirmed by the lead authority (Wealden District Council).  To note Appendix 1(a) to the report including updates in respect of these figures and in the light of feedback from the Scrutiny Committee in the interests of greater clarity and transparency to more clearly show the financing of the Council’s budget.  To note the updated Appendix 1(b) showing the revised Reserves position.

3.

That consequent upon a General Fund budget of £13,065,300 and other matters, the basic amount (Band D) of Council Tax for the Borough Council's functions will be £246.77 calculated as follows:

The statutory resolutions relating to this matter are given at paragraphs 4 and 5 below.

4.

That it be noted that at its meeting on 12 December 2018 the Cabinet (in exercise of powers delegated to them by the Council) delegated the final determination of the Council Tax Base to the Chief Finance Officer. This has been set at an amount of 34,765.3 Band ‘D’ equivalent properties for the year 2019/20 (Item T in the formula in section 31B of the Local Government Finance Act 1992, as amended).

5

To calculate that the Council Tax requirement for the Council’s own purposes for 2019/20 as £8,579,050.

6.

That the following amounts be now calculated by the Council for the year 2019/20 in accordance with Sections 31 to 36 of the Local Government Finance Act 1992, as amended:

(a)

£125,465,000

being the aggregate of the amounts which the Council estimates for the items set out in Section 31A(2) of the Act.

(b)

£116,885,950

being the aggregate of the amounts which the Council estimates for the items set out in Section 31A(3) of the Act.

(c)

£8,579,050

being the amount by which the aggregate at 5(a) above exceeds the aggregate at 5(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 in the formula in Section 31B of the Act).

(d)

£246.77

being the amount at 5(c) above (Item R), all divided by Item T (4 above), calculated by the Council, in accordance with Section 31B of the Act, as the basic amount of its Council Tax for the year.

7.

To note that East Sussex County Council, East Sussex Fire and Rescue Authority and Police and Crime Commissioner for Sussex have issued precepts to the Council in accordance with Section 40 of the Local Government Finance Act 1992, as amended, for each category of dwellings in the Council’s area as indicated in the table below.

8.

That the Council, in accordance with Sections 30 to 36 of the Local Government Finance Act 1992, as amended, hereby sets the aggregate amounts shown in the table below as the amounts of Council Tax for 2019/20 for each of the categories of dwellings :

9.

To determine that the Council’s basic amount of Council Tax for 2019/20 is not excessive in accordance with the principles approved under Section 52ZB of the Local Government Finance Act 1992, as amended.

Note: As the billing authority, the Council has not been notified by a major precepting authority that its relevant basic amount of Council Tax for 2019/20 is excessive and that the billing authority is not required to hold a referendum in accordance with Section 52ZK Local Government Finance Act 1992, as amended.