Minutes:
The Deputy Leader wished the Leader, Councillor Milan Radulovic a speedy recovery. He also offered his sincerest thanks and gratitude to all the staff, residents, businesses and the emergency services who had worked tirelessly through the pandemic.
Next year’s budget continued to focus on providing a wide range of services to the communities and secured the post COVID-19, economic, community and health recovery without any cuts or reductions in the services. The economic growth and investment strategy across housing, regeneration and business growth would be vital for the financial sustainability and improvement to residents lives.
The Deputy Leader thanked the Chair of the Finance and Resources Committee and fellow Councillors and Officers in preparing the budget.
It had been unfortunate that the Governments fair funding review had been delayed and therefore, it was not possible at this stage to profile what, if any, impact this may have upon the Council. It appeared priority would go to those authorities with social care responsibilities. The current 50% business rates retention would therefore continue in 2022/23, with the Government’s Fair Funding review for local government commencing Spring 2022.
Members were informed that prudent estimates of income from business rates and assumptions that any increase would be in line with best information about the operation of the Business Rates pool and allowed for modest growth in the future years. The levels of New Homes Bonus would be greater than the previous year, in 2021/22 the Authority received £19,395, in 2022/23 the Authority would receive £351,944. It was expected that the future of the New Homes Bonus Scheme after 2022/23 would be considered as part of the upcoming Fair Funding review.
The administration was proposing a small increase in Broxtowe’s element on Council Tax, this would see a £5 annual increase per Band D property taking it from £171.85 in 2021/22 to £176.85 in 2022/23. This extra increase would support vital local services, provide value for money, build up the tax base and continue to support the post pandemic economic, community and health recovery. There was also a recommended 4.1% increase in housing and garage rent to enable more money be reinvested back into the housing stock.
The delivery of the housebuilding plan was progressing well with the aim to deliver in the region of 250 affordable homes over the next decade.
The current administration was committed to provide economic regeneration and improvements across all of the four town centres. To capitalise on investment across the borough including the Levelling Up bids for both Kimberley and Eastwood, The White Paper on Levelling Up and Devolution.
The Deputy Leader thanked the finance team for the rapid disbursements of business grants and reliefs to businesses across the borough.
The budget proposals included continued investment into parks and open spaces and support to community and voluntary groups including Citizens Advice Bureau who supported a range of Mental Health initiatives.
The Green Futures campaign to tackle climate change and reduce the carbon emissions to net zero by 2027 would be supported.
The Deputy Leader was delighted to announce that a one-off £10,000 budget would be set aside to fund a variety of events in celebration of the Queen’s Platinum Jubilee.
It was anticipated that £350,871 would be drawn from the general reserves. The current balance totalled approximately £6.8m. A balanced budget over the lifetime of the medium term financial strategy would be worked on to retain a prudent level of finances. This budget recommended no compulsory redundancies or reductions to front line services.
It was welcoming news to hear the governments easing of COVID-19 restrictions and the opportunity to look forward to the opening of new food and beverage operators in Beeston, an affordable house building programme, significant investment from the Stapleford Town Deal, the Green Futures programme and a successful outcome from the Levelling up Bids.
In accordance with the Local Authorities (Standing Orders) (England) (Amendment) Regulations 2014, a recorded vote was required. The voting was as follows
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For |
Against |
Abstain |
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D Bagshaw |
M Brown |
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S A Bagshaw |
M J Crow |
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B C Carr |
E Cubley |
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S J Carr |
S Easom |
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T A Cullen |
J C Goold |
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S Dannheimer |
R I Jackson |
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D Grindell |
E Kerry |
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T Hallam |
H G Khaled MBE |
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M Hannah |
J M Owen |
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H Land |
P J Owen |
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R D Macrae |
J Parker |
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G Marshall |
D Pringle |
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J W McGrath |
P D Simpson |
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S Paterson |
R D Willimott |
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J C Patrick |
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R S Robinson |
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H E Skinner |
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C M Tideswell |
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I L Tyler |
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D K Watts |
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E Williamson |
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RESOLVED that:
1. The recommendations arising from the Finance and Resources Committee meeting of 10 February 2022 as set out below be approved and adopted.
· The Housing Revenue Account budget as submitted be approved.
· The General Fund revenue budgets as submitted be approved.
· The capital submissions and priorities within them be approved.
· The Deputy Chief Executive be authorised to arrange the financing of the capital programme as necessary.
· An amount of £25,000 be provided for a General Contingency in 2022/23.
· The Council Tax Requirement for 2022/23 including special expenses (but excluding local precepting requirements) be £6,131,631.
· An amount of £3,296,871 be withdrawn from the General Fund reserves in 2022/23. This will include:
a) £350,871 from the overall General Fund balance.
b) £30,000 added to the General Fund earmarked reserves.
c) £2,976,000 from the Collection Fund Equalisation Reserve to cover the projected deficit relating to Council Tax and Business Rates in 2022/23. Earlier Central Government Funding received has been set aside for this purpose.
· The Capital Strategy 2022/23 to 2024/25 be approved.
· The Minimum Revenue Provision policy as set out be approved.
· The Treasury Management Strategy 2022/23 to 2024/25 be approved.
· The Investments Strategy 2022/23 to 2024/25 be approved.
· The General Fund Medium Term Financial Strategy to 2025/26 be approved.
2. It be noted that, at its meeting on 6 January 2022, the Finance and Resources Committee approved the following amounts for the year 2022/23 in accordance with the Local Authorities (Calculation of Council Tax Base) (England) Regulations 2012:
(a) 34,530.00 being the amount calculated by the Council, in accordance with regulation 3 of the Local Authorities (Calculation of Council Tax Base) (England) Regulations 2012, as its council tax base for the year.
(b) Part of the Council's area
Parish of Awsworth 606.78
Parish of Brinsley 695.96
Parish of Cossall 216.56
Parish of Eastwood 3,017.84
Parish of Greasley 3,727.31
Parish of Kimberley 1,855.54
Parish of Nuthall 2,266.30
Parish of Stapleford 4,178.70
Parish of Trowell 832.42
Beeston Special Expense Area 16,953.44
being the amounts calculated by the Council, in accordance with regulation 6 of the Regulations as the amounts of its council tax base for the year for dwellings in those parts of its area to which one or more special items relate.
The amount calculated for dwellings in those parts of its area to which no special item relates is 179.15.
3. The following amounts be now calculated by the Council for the year 2022/23 in accordance with Sections 31 to 36 of the Local Government Finance Act 1992 (the Act) as amended:
(a) £56,166,544 being the aggregate of the amounts which the Council estimates for the items set out in Section 31A (2) of the Act.
(b) £49,097,145 being the aggregate of the amounts which the Council estimates for the items set out in Section 31A (3) of the Act.
(c) £7,069,399 being the amount by which the aggregate at 3(a) above exceeds the aggregate at 3(b) above, calculated by the Council, in accordance with Section 31A (4) of the Act, as its council tax requirement for the year.
(d) £204.73 being the amount at 3(c) above divided by the amount at 2(a) above, calculated by the Council, in accordance with Section 31B of the Act, as the basic amount of its council tax for the year.
(e) £962,728 being the aggregate amount of all special items (including parish precepts and special expenses) referred to in Section 34(1) of the Act.
(f) £176.85 being the amount at 3(d) above less the result given by dividing the amount at 3(e) above by the amount at 2(a) 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 in those parts of its area to which no special item relates.
(g) Part of the Council's Area
Parish of Awsworth £311.40
Parish of Brinsley £272.18
Parish of Cossall £230.63
Parish of Eastwood £215.30
Parish of Greasley £237.80
Parish of Kimberley £246.34
Parish of Nuthall £230.13
Parish of Stapleford £201.77
Parish of Trowell £274.24
Beeston Special Expense Area £178.32
being the amounts given by adding to the amount at 3(f) above the amounts of the special item or items relating to dwellings in those parts of the Council's area mentioned above divided in each case by the amount
at 2(b) above, calculated by the Council, in accordance with Section 34(3) of the Act, as the basic amounts of its council tax for the year for dwellings in those parts of its area to which one or more special items relate.
being the amounts given by multiplying the amounts at 3(f) and 3(g) above by the number which, in the proportion set out in Section 5(1) of the Act, is applicable to dwellings listed in a particular valuation band divided by the number which in that proportion is applicable to dwellings listed in Valuation Band D, calculated by the Council, in accordance with Section 36(1) of the Act, as the amounts to be taken into account for the year in respect of categories of dwellings listed in different valuation bands.
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PART OF THE COUNCIL'S AREA |
VALUATION BANDS |
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A £ |
B £ |
C £ |
D £ |
E £ |
F £ |
G £ |
H £ |
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Parish of Awsworth |
207.60 |
242.20 |
276.80 |
311.40 |
380.60 |
449.80 |
519.00 |
622.80 |
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Parish of Brinsley |
181.45 |
211.70 |
241.94 |
272.18 |
332.66 |
393.15 |
453.63 |
544.36 |
|
Parish of Cossall |
153.75 |
179.38 |
205.00 |
230.63 |
281.88 |
333.13 |
384.38 |
461.26 |
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Parish of Eastwood |
143.53 |
167.46 |
191.38 |
215.30 |
263.14 |
310.99 |
358.83 |
430.60 |
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Parish of Greasley |
158.53 |
184.96 |
211.38 |
237.80 |
290.64 |
343.49 |
396.33 |
475.60 |
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Parish of Kimberley |
164.23 |
191.60 |
218.97 |
246.34 |
301.08 |
355.82 |
410.57 |
492.68 |
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Parish of Nuthall |
153.42 |
178.99 |
204.56 |
230.13 |
281.27 |
332.41 |
383.55 |
460.26 |
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Parish of Stapleford |
134.51 |
156.93 |
179.35 |
201.77 |
246.61 |
291.45 |
336.28 |
403.54 |
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Parish of Trowell |
182.83 |
213.30 |
243.77 |
274.24 |
335.18 |
396.12 |
457.07 |
548.48 |
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Beeston Special Expense Area |
118.88 |
138.69 |
158.51 |
178.32 |
217.95 |
257.57 |
297.20 |
356.64 |
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All other parts of the Council’s Area |
117.90 |
137.55 |
157.20 |
176.85 |
216.15 |
255.45 |
294.75 |
353.70 |
4. That it be noted for the year 2022/23, the Nottinghamshire and City of Nottingham Fire and Rescue Authority, Nottinghamshire County Council and the Nottinghamshire Police and Crime Commissioner are proposing the following amounts in precepts issued to the Council, in accordance with Section 40 of the Local Government Finance Act 1992, for each of the categories of dwellings shown below:
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PRECEPTING AUTHORITY |
VALUATION BANDS |
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A £ |
B £ |
C £ |
D £ |
E £ |
F £ |
G £ |
H £ |
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Nottinghamshire County Council |
1,096.06 |
1,278.74 |
1,461.41 |
1,644.09 |
2,009.44 |
2,374.80 |
2,740.15 |
3,288.18 |
|
Nottinghamshire Police and Crime Commissioner |
169.50 |
197.75 |
226.00 |
254.25 |
310.75 |
367.25 |
423.75 |
508.50 |
|
Nottinghamshire and City of Nottingham Fire and Rescue Authority |
56.38 |
65.78 |
75.17 |
84.57 |
103.36 |
122.16 |
140.95 |
169.14 |
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PART OF THE COUNCIL'S AREA |
VALUATION BANDS |
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A £ |
B £ |
C £ |
D £ |
E £ |
F £ |
G £ |
H £ |
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Parish of Awsworth |
1,529.54 |
1,784.47 |
2,039.38 |
2,294.31 |
2,804.15 |
3,314.01 |
3,823.85 |
4,588.62 |
|
Parish of Brinsley |
1,503.39 |
1,753.97 |
2,004.52 |
2,255.09 |
2,756.21 |
3,257.36 |
3,758.48 |
4,510.18 |
|
Parish of Cossall |
1,475.69 |
1,721.65 |
1,967.58 |
2,213.54 |
2,705.43 |
3,197.34 |
3,689.23 |
4,427.08 |
|
Parish of Eastwood |
1,465.47 |
1,709.73 |
1,953.96 |
2,198.21 |
2,686.69 |
3,175.20 |
3,663.68 |
4,396.42 |
|
Parish of Greasley |
1,480.47 |
1,727.23 |
1,973.96 |
2,220.71 |
2,714.19 |
3,207.70 |
3,701.18 |
4,441.42 |
|
Parish of Kimberley |
1,486.17 |
1,733.87 |
1,981.55 |
2,229.25 |
2,724.63 |
3,220.03 |
3,715.42 |
4,458.50 |
|
Parish of Nuthall |
1,475.36 |
1,721.26 |
1,967.14 |
2,213.04 |
2,704.82 |
3,196.62 |
3,688.40 |
4,426.08 |
|
Parish of Stapleford |
1,456.45 |
1,699.20 |
1,941.93 |
2,184.68 |
2,670.16 |
3,155.66 |
3,641.13 |
4,369.36 |
|
Parish of Trowell |
1,504.77 |
1,755.57 |
2,006.35 |
2,257.15 |
2,758.73 |
3,260.33 |
3,761.92 |
4,514.30 |
|
Beeston Special Expense Area |
1,440.82 |
1,680.96 |
1,921.09 |
2,161.23 |
2,641.50 |
3,121.78 |
3,602.05 |
4,322.46 |
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All other parts of the Council’s Area |
1,439.84 |
1,679.82 |
1,919.78 |
2,159.76 |
2,639.70 |
3,119.66 |
3,599.60 |
4,319.52 |