Issue - meetings

General fund budget 2022/23 and capital programme

 

 

Meeting: 09/02/2022 - Eastbourne Borough Council Cabinet (Item 44)

44 General Fund Revenue Budget 2022/23 and Capital Programme pdf icon PDF 708 KB

Report of Chief Finance Officer

Lead Cabinet member: Councillor Stephen Holt

Additional documents:

Decision:

Recommended to Full Council (Budget and policy framework):

 

(1) The General Fund budget for 2021/22 (Revised) and 2022/23 (original).

 

(2) An increase in the Council Tax for Eastbourne Borough Council of 1.99% (per annum) resulting in a Band D charge for general expenses of £261.85 (per annum) for 2022/23.

 

(3) The revised General Fund capital programme 2022/23 as set out at Appendix 3 to the report.

 

(4) That Cabinet endorses the continuation of the Flexible use of Capital Receipts and refers on to Council for approval.

 

(5) To note the section 151 Officer’s sign off as outlined in the report.

Minutes:

The Cabinet considered the report of the Chief Finance Officer, asking it to recommend to Full Council, the updated General Fund budget and updated Medium Term Financial Strategy, together with the updated Capital Programme position. The proposed 1.99% rise in council tax would enable the council to continue delivering essential frontline services to residents and businesses in the wake of the huge impact Covid-19 had left on its finances.

 

Visiting member, Councillor Smart, addressed the Cabinet on this item.

 

In presenting the report, Councillor Holt advised of an amendment to the Band D charge, as originally set out in officer recommendation (2) of the report. This was unanimously accepted by Cabinet and detailed below.

 

Recommended to Full Council (Budget and policy framework):

 

(1) The General Fund budget for 2021/22 (Revised) and 2022/23 (original).

 

(2) An increase in the Council Tax for Eastbourne Borough Council of 1.99% (per annum) resulting in a Band D charge for general expenses of £261.85 (per annum) for 2022/23.

 

(3) The revised General Fund capital programme 2022/23 as set out at Appendix 3 to the report.

 

(4) That Cabinet endorses the continuation of the Flexible use of Capital Receipts and refers on to Council for approval.

 

(5) To note the section 151 Officer’s sign off as outlined in the report.

 

Reason for decisions:

 

The Cabinet must recommend to Full Council the setting of a revenue budget and associated Council tax for the forthcoming financial year by law.