Issue - meetings

(1)

That Gateshead’s Band D council tax for 2017/18 is increased by 4.99% (including a 3% adult social care Government charge) to £1,606.41.

(2)

The revenue estimates of £197.486m for 2017/18 be approved.

(3)

That the indicative schools funding presented in Appendix 2 be agreed.

(4)

That the recommendations of the Strategic Director, Corporate Resources in respect of the robustness of estimates and adequacy of reserves identified in Appendix 5 be noted.

(5)

That the prudential and treasury indicators set out in Appendix 6 be agreed.

(6)

That the method of calculating Minimum Revenue Provision (MRP) for 2017/18 as set out in Appendix 7 be approved.

(7)

That the budget proposals, following the outcome of consultation, in Appendix 2 be noted.

(8)

That it be noted that at its meeting on 24 January 2017, Cabinet agreed the following amounts for the year 2017/18 in accordance with regulations made under Section 31B(3) of the Local Government Finance Act 1992 as amended by the Localism Act 2011:-

(a)  50,933.2 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)  1,186.8 for Lamesley Parish being the amount calculated by the Council, in accordance with regulation 6 of the Regulations, as the amount of its Council Tax base for the year for dwellings in those parts of its area to which special items relate.

(9)

That the following amounts be now calculated by the Council for the year 2017/18 in accordance with Section 31A, 31B and 34 to 36 of the Local Government Finance Act 1992, as amended by the Localism Act 2011 (‘the Act’):-

(a)  £565,059,612 being the aggregate total of the expenditure amounts, which the Council estimates for the items, set out in Section 31A(2) of the Act taking into account the precept issued by Lamesley Parish Council

(b)  (£483,230,191) being the aggregate total  ...  view the full minutes text for item 103

Consideration has been given to recommending to Council the proposed Budget and Council Tax Level for 2017/18 and the prudential indicators and Minimum Revenue Provision (MRP) Statement as set out in the report.

RESOLVED -

(i)

That the following recommendations be made to the Council:

(1)

That Gateshead’s Band D council tax for 2017/18 is increased by 4.99% (including a 3% adult social care Government charge) to £1,606.41.

(2)

That therevenue estimates of £198.883m for 2016/17 be approved.

(3)

That theindicative schools funding presented inappendix 2 to the report be agreed.

(4)

That therecommendations of the Strategic Director, CorporateResources in respect ofthe robustness ofestimates and adequacy of reserves identifiedin appendix 5 to the reportbe noted.

(5)

That the Prudential and Treasury Indicators set out in appendix 6to this report beagreed.

(6)

That the methodof calculating the Minimum Revenue Provision (MRP) for2016/17 as set out in appendix 7 to the reportbe approved.

(7)

That the Budget proposals following theoutcome of consultation as set outin appendix 2 to the reportbe noted.

(8)

That it be notedthat at its meeting on 19January 2016, Cabinet calculated the following amounts for the year 2016/17in accordance withregulations madeunder Section 31B(3) of the Local GovernmentFinance Act 1992 asamended by the LocalismAct 2011:-

(a)      50,480.1being the amount calculated by the Council, in accordancewith regulation3 of the Local Authorities (Calculation ofCouncil Tax Base) (England) Regulations 2012, as its Council Tax base for theyear;

(b)     1,186.8 for Lamesley Parish being the amount             calculated by the Council, in accordance with             regulation 6 of the Regulations, as the amount of its             Council Tax base for the year for dwellings in those             parts of its area to which special items relate.

(9)

That the following amounts be now calculated by the Council for the year 2017/18 in accordance with Sections 31A,31B and 34 to 36 of the Local Government Finance Act 1992, as amended by the Localism Act 2011 (‘the Act’): -

(a)        £565,059,612 being the aggregate total of the             expenditure amounts, which the Council estimates for             the items, set out in Section 31A(2) of the Act taking             into account the precept issued by Lamesley Parish             Council.

(b)        (£483,230,191) being the aggregate total of the             income amounts, which the Council estimate for the             items, set out in Section 31A(3) of the Act.

(c)        £81,829,421 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 including Lamesley Parish Council.

(d)        £1,606.6028 being the amount at (c) above, all divided             by the amount at (8)(a) above, calculated by the             Council, in accordance with Section 31B(1) of the Act,             as the basic amount of its Council Tax for the year             including Lamesley Parish Council.

(e)  ...  view the full minutes text for item 185