Agenda item

Budget and Council Tax Setting 2013/14

Meeting of Council, Tuesday, 19th February, 2013 7.00 pm (Item 52a)

Minutes:

Councillor Fleming proposed and Councillor Ramsay seconded that the recommendations contained in Appendix 2 and Appendix 3 to the report be agreed.

Resolved: That

(a) the Summary of Council Expenditure and Council Tax 2013/14 be approved (Cabinet 7 February 2013 – Revenue Budget and Council Tax – Appendix C);

(b) the 10 Year budget 2012/13 to 2022/23 which is the guiding framework for the detailed approval of future years’ budgets, including the growth and savings proposals set out be approved and that wherever possible any variations during and between years be met from the Budget Stabilisation Reserve (Cabinet 7 February 2013 – Revenue Budget and Council Tax – Appendix A);

(c) any changes in the taxbase and collection fund and other minor variations be transferred to/from the Budget Stabilisation Reserve (Cabinet 7 February 2013);

(d) the changes to reserves and provisions be approved (Cabinet 7 February 2013 – Revenue Budget and Council Tax – Appendix F);

(e) the Capital Programme 2013/16, and Asset Maintenance 2013/14 budget of £427,000 be approved (Cabinet 7 February 2013);

(f) the Financial Strategy be approved (Cabinet 7 February 2013 – Revenue Budget and Council Tax – Appendix H);

(g) it be noted that at the Cabinet meeting on 10 January 2013 the Council calculated as its council tax base for the year 2013/14:

(i) for the whole Council area as 47,052.88 being Item T in the formula in Section 31B of the Local Government Finance Act 1992, as amended, (the “Act”); and

(ii) for dwellings in those parts of its area to which a parish precept relates as in the attached Appendix 1;

(h) the council tax requirement for the Council’s own purpose for 2013/14 (excluding Town and Parish precepts) be calculated as £185.49;

(i) the following amounts be calculated for the year 2013/14 in accordance with Sections 31 to 36 of the Act:

(i)	£52,320,287	being the aggregate of the amounts which the Council estimates for the items set out in Section 31A(2) of the Act taking into account all precepts issued to it by Town and Parish Councils.
(ii)	£40,270,161	being the aggregate of the amounts which the Council estimates for the items set out in Section 31A(3) of the Act.
(iii)	£12,050,126	being the amount by which the aggregate at (i)(i) above exceeds the aggregate at (i)(ii) 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).
(iv)	£256.10	being the amount at (i)(iii) above (Item R), all divided by (g)(i) above (Item T), calculated by the Council, in accordance with Section 31B of the Act, as the basic amount of its council tax for the year (including Town and Parish precepts).
(v)	£3,322,287	being the aggregate amount of all special items (Town and Parish precepts) referred to in Section 34 (1) of the Act (as per the attached Appendix 1).
(vi)	£185.49	being the amount at (i)(iv) above, less the result given by dividing the amount at (i)(v) above by the amount at (g)(i) above (Item T), 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 Town or Parish precept relates.

(j) it be noted that for the year 2013/14 the Kent County Council, the Kent Police & Crime Commissioner and the Kent & Medway Towns 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:-

Valuation Bands

Precepting Authority

Sevenoaks District Council
£

Kent County Council

Kent Police & C.C.

Kent & Medway Towns Fire Authority
£

123.66

144.27

164.88

185.49

226.71

267.93

309.15

370.98

698.52

814.94

931.36

1,047.78

1,280.62

1,513.46

1,746.30

2,095.56

94.31

110.03

125.75

141.47

172.91

204.35

235.78

282.94

45.30

52.85

60.40

67.95

83.05

98.15

113.25

135.90

(k) the Council, in accordance with Sections 30 and 36 of the Local Government Finance Act 1992, hereby sets the aggregate amounts shown in Appendix 3as the amounts of council tax for the year 2013/14 for each part of its area and for each of the categories of dwellings; and

(l) the Council’s basic amount of council tax for 2013/14, shown in (i)(vi) above, is not excessive in accordance with principles approved under Section 52ZB of the Local Government Finance Act 1992.

Supporting documents: