Agenda item

Councillor Fewings remained outside of the room for the duration of this item.

 

Consideration was given to the Medium Term Financial Strategy 2024/28, the Treasury Management Strategy 2023/24 and Prudential Treasury Indicators, the Council Tax Support Scheme 2023/24, the Revenue Budget 2023/24, the Capital Budget 2023/24 and Capital Investment Programme 2023/28, Revenue Budget Statutory Report by the Finance Officer and Council Tax 2023/24. Consideration was also given to the relevant minutes 87, 88, 89, 90 and 91 of the Executive (13^th February 2023).

 

It was moved by Councillor Graham and seconded by Councillor Anwar that the recommendations outlined in agenda items 5e to 5k and as set out in minutes 87 to 91 of the Executive (13^th February 2023) be approved.

 

The first of two amendments submitted in advance by the Conservative Group and published at pages 8 and 9 of the Supplementary Agenda Pack was moved by Councillor McGowan and seconded by Councillor Whitaker.

 

In accordance with Council Procedure Rule (CPR) 16.7 a recorded vote was taken on the first Conservative Group amendment and it was declared to be LOST.

 

 

 

The second of two amendments submitted in advance by the Conservative Group and published at pages 10 and 11 of the Supplementary Agenda Pack was moved by Councillor Hosker and seconded by Councillor Steel.

 

In accordance with Council Procedure Rule (CPR) 16.7 a recorded vote was taken on the second Conservative Group amendment and it was declared to be LOST.

 

 

 

Two amendments were submitted by the Green Group. As these had not been published or circulated in advance, and with the consent of members, the Mayor adjourned the meeting at 19:52 to allow all members to read and consider them.

 

The meeting reconvened at 20:00.

 

It was moved by Councillor Hurt and seconded by Councillor Launer that Full Council:

 

‘Remove £10,000 for Coronation celebrations.

Increase the grant to the CAB in 2023/24 by a one-off contribution of £10,000 and allocate officer time to help community organisations promote their crowdfunders for coronation celebrations.’ (Item 5h page 177 and 188), and

 

Ring-fence any savings identified from any vacant positions that arise from the CEO recruitment process and award the savings to Burnley Pendle and Rossendale Council for Voluntary Services for them to use to support organisations across the Borough that are helping people who are struggling with the cost of living crisis’.

 

In accordance with CPR 16.7 a recorded vote was taken on the first of two Green Group amendments and it was declared to be LOST.

 

 

 

It was moved by Councillor Cunliffe and seconded by Councillor Wight that Full Council:

 

‘Change the 2.99% Council Tax rise to 0% for 2023/24 only, the impact of the loss of Council Tax income over the 5-year Medium Term Financial Strategy period to be funded from reserves over the next 5 years at a cost of £1.21m.’ (Item 5h page 178).

 

In accordance with CPR 16.7 a recorded vote was taken on the second of the Green Group amendments and it was declared to be LOST.

 

 

 

In accordance with CPR 16.7 a recorded vote was taken on the motion and it was declared to be CARRIED.

 

RESOLVED, THAT:

1)    The latest Medium-Term Financial Strategy be approved;

2)    The Reserves Strategy, as appended to the Medium-Term Financial Strategy be approved;

3)    The Treasury Management Strategy Statement for 2023/24 as set out in Appendix 1 be approved;

4)    The prudential and treasury indicators for 2023/24 to 2025/26 as per Appendix 2 including the authorised limit for external debt of £96.918m in 2023/24 be approved;

5)    The list of Counterparties for Deposits outlined within Appendix 3 be approved;

6)    The Council’s MRP Statement for 2023/24 as set out in Appendix 4 of the report be approved;

7)    Changes to the Council Tax Support Scheme for 2023/24 to increase the maximum level of subsidy for working age claimants from 85% to 100% for a one-year period be approved;

8)    The approach that has been adopted in developing budget proposals that reflect the Council’s Strategic Objectives for 2023/24 be endorsed;

9)    The proposals contained in the Revenue Budget 2023/24 be approved;

10)The setting of a Council Tax Requirement of £7,722,735 for the financial year 2023/24 be approved;

11)The setting of a Net Budget Requirement of £16,266,712 for 2023/24 be approved;

12)The Statutory Report issued by the Head of Finance and Property under the Local Government Act 2003 be received and considered;

13)The Chief Operating Officer/Heads of Service be authorised to progress action plans to deliver the 2023/24 budget;

14)Approval be given for a Council Tax (Band D) figure of £328.01 for this Council for the year commencing 1^st April 2023 and for the statutory resolution to set the full Council Tax for the year to be adopted. This is equivalent to 2.99% Council Tax Increase;

15)The 2023/24 Capital Budget, totalling £41,357,215 as set out in Appendix 1 be approved;

16)The 2023/28 Capital Investment Programme as set out in Appendix 1 be noted;

17)The estimated position on capital resources as set out in Appendix 2 be noted;

18)It be noted that on 2nd December 2022 the Council calculated the Council Tax base 2023/24

a) for the whole Council area as 23,544 band D equivalent properties (Item T in the formula in Section 31B of the Local Government Finance Act 1992 [the “Act”] as amended by the Localism Act 2011)

b) for dwellings in those parts of its area to which a Parish precept relates as in the attached Appendix B.

19)The Council Tax requirement calculated for the Council’s own purposes for 2023/24 (excluding parish precepts) be £7,722,735.

20)The following amounts be calculated by the Council for the financial year 2023/24 in accordance with Sections 31 to 36 of the Act

(a) £53,611,571 being the aggregate of the amounts which the Council estimates for the items set out in Section 31A (2) (a) of the Act taking into account all precepts issued to it by Parish Councils;

(b) £45,715,509 being the aggregate of the amounts which the Council estimates for the items set out in Section 31A (3) of the Act;

(c) £7,896,062 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. (Item R in the formula in Section 31B of the Act);

(d) £335.37 being the amount at (3)(c) above (Item R), all divided by Item T (1(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 (including Parish Precepts);

(e) £173,327 being the aggregate of all special items (Parish precepts) referred to in Section 34(1) of the Act (as per the attached Appendix B); (f) £328.01 being the amount at (3)(d) above less the result given by dividing the amount at (3)(e) above by Item T (the amount at 1(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 (Parish precept) relates.

21)It be noted that the County Council, the Police and Crime Commissioner for Lancashire and the Fire Authority have issued precepts to the Council in accordance with Section 40 of the Local Government Finance Act 1992 for each category of dwellings in the Council’s area as indicated in the table below.

22)The Council, in accordance with Sections 30 and 36 of the Local Government Finance Act 1992, hereby set the aggregate amounts shown in the tables below and in Appendix A as the amounts of Council Tax for 2023/24 for each part of its area and for each of the categories of dwellings.

 

VALUATION BANDS

 

Burnley Borough Council

 

A	B	C	D	E	F	G	H
£218.67	£255.12	£291.56	£328.01	£400.90	£473.79	£546.68	£656.02

 

 

Lancashire County Council

 

A	B	C	D	E	F	G	H
£1,049.81	£1,224.77	£1,399.74	£1,574.71	£1,924.65	£2,274.58	£2,624.52	£3,149.42

 

 

Police and Crime Commissioner for Lancashire

 

A	B	C	D	E	F	G	H
£167.63	£195.57	£223.51	£251.45	£307.33	£363.21	£419.08	£502.90

 

Lancashire Combined Fire Authority

 

A	B	C	D	E	F	G	H
£54.85	£63.99	£73.13	£82.27	£100.55	£118.83	£137.12	£164.54

 

 

Aggregate of Council Tax Requirements

 

A	B	C	D	E	F	G	H
£1,490.96	£1,739.45	£1,987.94	£2,236.44	£2,733.43	£3,230.41	£3,727.40	£4,472.88

 

23)It be determined that the Council’s basic amount of Council Tax for 2023/24 is not excessive in accordance with principles approved under Section 52ZB Local Government Finance Act 1992.