Decision details

Resolved:

The following referrals from Cabinet on 12 February were approved.

7.1       CA/018/19 – Budget 2019/20

General Fund Revenue Estimate

a) set a Dacorum Borough Council General Fund Council Tax requirement of £11.532m, and a provisional amount of £12.348m for the combined Borough Council and Parish Councils’ requirement for 2019/20;

b) approve an increase of 2.99% in Council Tax for Dacorum Borough Council;

c) approve the base estimates for 2019/20, as shown in Appendix A1, and the indicative budget forecasts for 2019/20 – 2022/23, as shown in Appendix A2;

d) approve the forecast balances of Revenue Reserves as shown in Appendix J, and approve section 10 of this report as the updated Reserves Strategy;

e) approve increases in Fees and Charges for 2019/20 as set out in Appendices C3, D3, and E3;

f) approve and adopt the Treasury Management Strategy for 2019/20, attached at Appendix K;

g) approve and adopt the Treasury Management Principles and Practices for 2019/20, attached at Appendix L;

h) approve and adopt the Capital Strategy for 2019/20, attached at Appendix M;
 

i) note that this budget paper, if approved by Council, will form part of the Medium Term Financial Strategy.

Capital Programme

j) approve the revised Capital Programme and Capital Strategy for 2018/19, and for 2019/20 to 2022/23, as
detailed in Appendix I and Appendix M respectively;

k) approve the financing proposals in Appendix I subject to an annual review of the financing options by the Corporate Director (Finance & Operations), in consultation with the Portfolio Holder for Finance and Resources, during the preparation of the Statement of Accounts.

Housing Revenue Account (HRA)

l) reduce dwelling rents by 1% in accordance with government legislation, resulting in an average rent of £100.08 per week (based on 52 weeks);

m) approve the HRA estimate for 2019/20 as shown in Appendix F.

7.2       CA/019/19 – Period 9 Budget Monitoring Report

Cllr Williams mentioned the Period 9 Budget Monitoring Report and resolve to recommend.

Cllr Griffiths seconded the report and this was agreed by Council.

7.3       CA/021/19 – Senior Officer Pay

Cllr Williams put forward the proposals for Senior Officers Pay for 2019/20 to be resolved to recommend.

Cllr Griffiths seconded the report and this was agreed by Council.

7.4       CA/022/19 – Growth and Infrastructure

Cllr Williams asked for the Growth and Infrastructure Strategy to be resolved to recommend.

Cllr Griffiths seconded the proposals and this was agreed by Council.