Decision details
Council Budget 2019/20
Decision Maker: Executive
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
Decision:
(2) That the Equality Impact Analysis, as detailed at Appendix C to the report, and the consultation comments as shown in Appendix I to the report and presented at the meeting be noted.
(3) That, subject to recommendation 4 below, the following be recommended to the County Council for approval:
a) the revenue budget for 2019/20, as detailed in Table C of the Further Update to the Council Budget 2019/20;
b) the capital programme for 2019/20, as detailed at Table A and Appendix E to the report;
c) the levels of council tax proposed in Table B of the report, including the increasing of council tax in 2019/20 by 4.95%;
d) the prudential indicators for 2019/20, as detailed at Appendix G to the report; and
e) the Flexible Use of Capital Receipts Strategy for 2019/20, as detailed at Appendix H to the report.
(4) That the Leader of the Council be given delegated authority to review and amend the Executive's budget recommendations to the County Council, as appropriate, in light of the final Local Government Settlement, council tax and business rates information from the Lincolnshire District Councils if received between the Executive meeting and the County Council on 22 February 2019.
(5) That a Business Rates Volatility reserve be established for the County Council's share of the surplus for 2019/20 of Business Rates Collection Funds operated by the District Councils, which could then be used to offset Business Rates Collection Fund deficits in future years or for other purposes approved by the Council.
Report author: David Forbes
Publication date: 05/02/2019
Date of decision: 05/02/2019
Decided at meeting: 05/02/2019 - Executive
Accompanying Documents:
- Council Budget 2019/20 PDF 253 KB
- Appendix A Council Budget 2019-20 Executive 18 Dec 18 PDF 435 KB
- Appendix A1 Commissioning Strategies Glossary PDF 18 KB
- Appendix A2 Budget Briefing Sessions December 2018 Notes PDF 250 KB
- Appendix B Update to Council Budget 2019_20 after Provisional Local Government Finance Settlement PDF 112 KB
- Appendix C - Council Tax Impact Analysis 2019_20 v3 PDF 608 KB
- Appendix D - Revenue Table 2019_20 PDF 7 KB
- Appendix E - Capital Programme PDF 168 KB
- Appendix F - Council Tax 2019_20 by Property Band PDF 5 KB
- Appendix G - Prudential Indicators 2019_20 PDF 119 KB
- Appendix H - Flexible Use of Capital Receipts 2019-20 PDF 132 KB
- Appendix I - Consultation Comments 2019_20 PDF 465 KB
- Further Update on Budget 2019-20 PDF 275 KB
- Updated Appendix I - Consultation Comments 2019/20 Update PDF 646 KB