Agenda item

Consideration has been given to recommending to Council the proposed Budget and Council Tax Level for 2023/24 and the prudential indicators and Minimum Revenue Provision (MRP) Statement as set out in the report.

RESOLVED -

That the following recommendations be made to the Council:

(1)

That Gateshead’s Band D council tax for 2023/24 is increased by 4.99% (including a 2% adult social care Government charge) to£2,070.54.

(2)

The revenue estimates of £289,902,826 million for 2023/24 areapproved.

(3)

The budgeted use of £25.883 million Earmarked Reserves in 2023/24 be approved (comprising of £2.362 million budgeted use of strategic, £13.521 million budgeted use of pandemic, £10 million budget sustainability).

(4)

That the proposed budgets including the indicative schools funding presented in appendix 2 be agreed.

(5)

That the outcome of initial budget consultation outlined in appendix 4 benoted.

(6)

To note the conclusions of the Strategic Director, Resources and Digital in respect of the robustness of budget estimates and adequacy ofreserves outlined in appendix 5.

(7)

That the prudential and treasury indicators set out in appendix 7 to this report be agreed.

(8)

That the method of calculating the Minimum Revenue Provision (MRP) for 2023/24 as set out in appendix 8 beapproved.

(9)

That it be noted that at its meeting on 24 January 2023, Cabinet agreed the following amounts for the year 2023/24 in accordance with regulations made under Section 31B (3) of the Local Government Finance Act 1992 as amended by the Localism Act 2011:

(a)

(a)   53,354.9 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)

1,197.4 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.

(10)

That the following amounts be now calculated by the Council for the year 2023/24 in accordance with Sections 31A, 31B and 34 to 36 of the Local Government Finance Act 1992, as amended by the Localism Act 2011 (‘theAct’):

(a)

£659,090,336 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)

(£548,604,415) being the aggregate total of the income amounts, which the Council estimate for the items, set out in Section 31A (3) of theAct;

(c)

£110,485,921 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 ParishCouncil;

(d)

£2,070.7736 being the amount at (c) above, all divided by the amount at (9)(a) above, calculated by the Council, in accordance with Section31B (I) of the Act, as the basic amount of its Council Tax for the year including Lamesley ParishCouncil;

(e)

£12,467.00 being the aggregate amount of all special items (Lamesley Parish Council) referred to in Section 34(1) of theAct;

(f)

£2,070.5399 being the amount at (d) less the result given by dividing the amount at (e) above by the amount at (9)(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 (Lamesley Parish Council)relates;

(g)

Part of the Council’s area: LamesleyParish

£2,080.9516 being the amounts given by adding to the amount at (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 (9)(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 (Lamesley Parish Council) relate;

(h)

Valuation Band

Lamesley Parish

£

All other parts of the Council’s area

£

A

6.94

1,380.36

B

8.10

1,610.42

C

9.25

1,840.48

D

10.41

2,070.54

E

12.72

2,530.66

F

15.04

2,990.78

G

17.35

3,450.90

H

20.82

4,141.08

being the amounts given by multiplying the amounts at (f) and (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.

(11)

That it be noted that for the year 2023/24, the Police and Crime Commissioner for Northumbria, and Tyne and Wear Fire and Rescue Authority have stated 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:

Valuation Band

Police and Crime Commissioner for Northumbria

£

Tyne and Wear Fire and Rescue Authority

£

A

112.56

61.57

B

131.32

71.83

C

150.08

82.09

D

168.84

92.35

E

206.36

112.87

F

243.88

133.39

G

281.40

153.92

H

337.68

184.70

(13)

That, having calculated the aggregate in each case of the amounts at (10) (h) and (11) above, the Council in accordance with Section 30(2) of the Local Government Finance Act 1992, hereby sets the following amounts as the amounts of Council Tax for the year 2023/24 for each of the categories of dwellings shown below:

Valuation Band

Lamesley Parish

£

All other parts of the Council’s area

£

A

1,561.43

1,554.49

B

1,821.67

1,813.57

C

2,081.90

2,072.65

D

2,342.14

2,331.73

E

2,862.61

2,849.89

F

3,383.09

3,368.05

G

3,903.57

3,886.22

H

4,684.28

4,663.46

(13)

That under section 52ZB of the Local Government Finance Act 1992 (as amended by the Localism Act 2011), the Council’s relevant basic amount of council tax for 2023/24 is not excessive in accordance with the principles determined under section 52ZC of the Act.

The above decisions have been made to fulfil the Council’s statutory duty to set the Budget and Council Tax for2023/24.