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Decision details

Budget 2016-17 Update

Decision status: For Determination

Is Key decision?: Yes

Is subject to call in?: No

Decision:

Having considered an officer report, a referral presented by the Chair of

Overview and Scrutiny, Councillor Alan Hall and a presentation by the Cabinet

Member for Resources, Councillor Kevin Bonavia, the Mayor agreed that:

 

(1) Council be recommended to agree a Band D Council Tax for 2016/17 of

£1,102.66 for the Council’s element. This is an increase of 3.99% (including a

social care precept of 2%), based on a General Fund Budget Requirement of

£236.218m for 2016/17.

 

(2) Council be asked to note an overall increase in the total Council Tax for

2016/17 of 3.99% to include the Greater London Authority (GLA) precept

being reduced by £19 to £276, a 6.4% reduction from its 2015/16 level as

proposed.

 

(3) Agrees to recommend to Council on 24 February 2016, the statutory

calculation of the Budget Requirement for Lewisham for 2016/17, attached at

Appendix A.

 

(4) Council be recommended to agree on 24 February 2016, the motion on

the budget, attached at Appendix B, including modifications made to the

proposals published in the 2016/17 Budget Report.

.

(5) Notes the provisional and estimated precept and levies from the GLA and

other bodies as detailed in Appendix C and delegate authority to the

Executive Director for Resources and Regeneration to include any changes to

these in the report for Council.

 

(6) the final settlement figure of £146.691m announced on the 8 February

2016 be noted, which is the same as the provisional settlement figure.

 

(7) there were no responses from Business rate payers to the consultation on

the draft Budget which took place from 21 January 2016 to 4 February 2016.

 

(8) the updated equalities implications as set out for the introduction of the

Social Care precept as part of proposed Council Tax increases be noted; and

 

(9) the Section 25 Statement from the Chief Financial Officer attached at

Appendix D be received.

Publication date: 18/02/2016

Date of decision: 17/02/2016

Decided at meeting: 17/02/2016 - Mayor and Cabinet

Accompanying Documents: