Agenda item - Detailed Revenue Budget 2022/23

To consider the Detailed Revenue Budget for 2022/23 and make a recommendation to Council.

The Committee recommended that Council on 24 February 2022 agree:

1. A 2.4% increase on Band D for the Spelthorne Borough Council element of the Council Tax for 2022/23. Moreover:

a. That the revenue estimates as set out in Appendix 1 be approved.

b. That, as set out in the report, no money be appropriated from General Reserves in support of Spelthorne’s local Council tax for 2022/23.

c. That the Council Tax base for the year 2022/23 be 40,703 Band D equivalent dwellings calculated in accordance with regulation 3 of the Local Authorities (Calculation of Council tax base) Regulations 1992, as amended, made under Section 35(5) of the Local Government Finance Act 1992.

2. That the Council’s Local Council Tax Support Scheme with the current rules and regulations be continued.

3. That the complete disregard of war pension / armed forces pension income from benefit calculations be continued.

4. The growth and savings items as set out in appendices 2 and 3, subject to the following amendment:

a. The growth item relating to the appointment of an administrator to the Joint Enforcement Team be included in the revenue budget for a period of one year.

5. To note the Chief Finance Officer’s commentary in section 4 of the report on the robustness of budget estimates and levels of reserves under sections 25 and 26 of the Local Government Act 2003.

6. The Council Tax Base for the whole council area for 2021/22. [Item T in the formula in Section 31b (3) of the local government Finance Act 1992, as amended (the “act”)] be 39,016 band D equivalent dwellings and calculate that the Council Tax requirement for the Council’s own purpose for 2022/23 is £210.05 Per Band D equivalent dwelling.

7. That the following sums be calculated by the Council for the year 2022/23 in accordance with Section 31 to 36 of the Local Government Act 1992:

A	120,398,577	Being the aggregate of the amount which the council estimates for the items set out in Section 31A (2) of the Act considering all precepts issued to it by Parish Councils.
B	111,848,852	Being the aggregate of the amount which the Council estimates for the items set out in Section 31A (3) of the Act.
C	8,549,725	Being the amount by which the aggregate at (A) above exceeds the aggregate at (B) above, calculated by the Council, in accordance with Section 31A (4) of the Act, as its Council Tax requirement for the year.
D	210.05	Being the amount at (C) above divided by the amount at 5c (above), calculated by the Council in accordance with Section31B (1) of the act, as the basic amount of its Council Tax for the year (including Parish precepts).
E	0	Being the aggregate amount of all special items (Parish precepts) referred to in Section 34(1) of the Act.
F	210.05	Being the amount at (D) above less the result given by dividing the amount at (E) above by the amount at 5c (above), calculated by the Council, in accordance with Section 34(2) of the Act, as the basic amount of its Council Tax for the year for dwellings on those parts of its area to which no Parish precept relates.

8. That the following amounts be calculated for the year 2022/23 in accordance with Sections 31 to 36 of the Local Government Finance Act 1992 as amended by the Localism Act 2011:

A

£

B

£

C

£

D

£

E

£

F

£

G

£

H

£

140.73

161.74

186.94

210.05

258.36

304.57

350.78

420.10

The proposed Revenue Budget was reviewed. There was robust discussion about the growth bids that had been reviewed by service committees, and whether some of the proposals represented best value for money.