Issue - meetings

Having considered an officer report, 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 2017/18 of

£1,157.68 for the Council’s element. This is an increase of 4.99% (including a

social care precept of 3%), based on a General Fund Budget Requirement of

£232.746m for 2017/18;

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

2017/18 of 4.28% to include the Greater London Authority (GLA) precept

being increased by £4.02 to £280.02 (Band D equivalent), a 1.46% increase

from its 2016/17 level as proposed;

(3) Council be recommended to agree on 22 February 2017, the statutory

calculation of the Budget Requirement for Lewisham for 2017/18, attached at

Appendix A;

(4) Council be recommended to agree on 22 February 2017, the motion on

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

proposals published in the 2017/18 Budget Report;

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

bodies as detailed in Appendix C be noted and authority be delegated to the

Executive Director for Resources and Regeneration to include any changes to

these in the report for Council;

(6) the final settlement figure for 2017/18 is yet to be announced, and is now

expected in the week commencing the 20 February;

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

the draft Budget which took place from 20 January 2017 to 3 February 2017;

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

Appendix D be received;

(9) the Q11 savings proposal in respect of Meliot Road, as attached at

Appendix E, be approved.

Councillor Bonavia reported that he had hoped this would be the final update

but a further update was possible following the confirmation of the Local

Government Finance Settlement on February 22.

Councillor Bonavia pointed out the Q11 Revenue Budget Saving was now

brought back for confirmation. He added the GLA precept had been confirmed

as rising by 1.5% and a Lewisham Council Tax rise of 4.99% was being

proposed.

The Executive Director for Resources and Regeneration’s representative

confirmed no feedback had been received from the Business Rates

consultation and the Section 151 Officer was now happy to endorse the

Budget.

Having considered an officer report, and a presentation by the Cabinet

Member for Resources, Councillor Kevin Bonavia, the Mayor, for the reasons

set out in the report:

RESOLVED that:

(1) Council be recommended to agree a Band D Council Tax for 2017/18 of

£1,157.68 for the Council’s element. This is an increase of 4.99% (including a

social care precept of 3%), based on a General Fund Budget Requirement of

£232.746m for 2017/18;

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

2017/18 of 4.28% to include the Greater London Authority (GLA) precept

being increased by £4.02 to £280.02 (Band D equivalent), a 1.46% increase

from its 2016/17 level as proposed;

(3) Council be recommended to agree on 22 February 2017, the statutory

calculation of the Budget Requirement for Lewisham for 2017/18, attached at

Appendix A;

(4) Council be recommended to agree on 22 February 2017, the motion on

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

proposals published in the 2017/18 Budget Report;

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

bodies as detailed in Appendix C be noted and authority be delegated to the

Executive Director for Resources and Regeneration to include any changes to

these in the report for Council;

(6) the final settlement figure for 2017/18 is yet to be announced, and is now

expected in the week commencing the 20 February;

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

the draft Budget which took place from 20 January 2017 to 3 February 2017;

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

Appendix D be received;

(9) the Q11 savings proposal in respect of Meliot Road, as attached at

Appendix E, be approved.