Agenda item
Budget and Council Tax 2016/17
- Meeting of Council, Wednesday, 24th February, 2016 7.30 p.m. (Item 5.)
- View the background to item 5.
To consider the proposals of the Mayor and Executive for the Council’s Budget and Council Tax 2016/17.
Minutes:
Mayor John Biggs moved, the budget proposals of the Mayor and Executive as set out in the agenda pack. Councillor Sirajul Islam seconded the proposals.
Two amendments were moved as follows:
(i) Amendment proposed by Councillor Oliur Rahman and seconded by Councillor Rabina Khan.
(ii) Amendment proposed by Councillor Chris Chapman and seconded by Councillor Andrew Wood
Following debate, the amendment proposed by Councillor Rahman was put to a recorded vote and was defeated.
Councillors recorded their votes on the amendment as follows:-
|
Councillor |
For |
Against |
Abstain |
Absent |
|
Khales Uddin Ahmed |
x |
|
|
|
|
Ohid Ahmed |
|
|
Not voting |
|
|
Rajib Ahmed |
x |
|
|
|
|
Suluk Ahmed |
|
|
Absent |
|
|
Sabina Akhtar |
|
x |
|
|
|
Mahbub Alam |
x |
|
|
|
|
Shah Alam |
x |
|
|
|
|
Amina Ali |
|
x |
|
|
|
Shahed Ali |
x |
|
|
|
|
Abdul Asad |
x |
|
|
|
|
Craig Aston |
|
x |
|
|
|
Asma Begum |
x |
|
|
|
|
Rachel Blake |
x |
|
|
|
|
Chris Chapman |
|
x |
|
|
|
Dave Chesterton |
x |
|
|
|
|
Gulam Kibria Choudhury |
x |
|
|
|
|
Andrew Cregan |
|
x |
|
|
|
Julia Dockerill |
|
x |
|
|
|
David Edgar |
x |
|
|
|
|
Marc Francis |
x |
|
|
|
|
Amy Whitelock Gibbs |
x |
|
|
|
|
Peter Golds |
|
x |
|
|
|
Shafiqul Haque |
|
|
Absent |
|
|
Clare Harrisson |
x |
|
|
|
|
Danny Hassell |
x |
|
|
|
|
Sirajul Islam |
x |
|
|
|
|
Denise Jones |
x |
|
|
|
|
Aminur Khan |
x |
|
|
|
|
Rabina Khan |
x |
|
|
|
|
Shiria Khatun |
x |
|
|
|
|
Abjol Miah |
|
x |
|
|
|
Ayas Miah |
x |
|
|
|
|
Harun Miah |
x |
|
|
|
|
Mohammed Maium Miah |
x |
|
|
|
|
Mohammed Mufti Miah |
|
x |
|
|
|
Mohammed Abdul Mukit |
x |
|
|
|
|
Muhammed Ansar Mustaquim |
x |
|
|
|
|
Joshua Peck |
x |
|
|
|
|
John Pierce |
x |
|
|
|
|
Oliur Rahman |
x |
|
|
|
|
Gulam Robbani |
x |
|
|
|
|
Candida Ronald |
x |
|
|
|
|
Rachael Saunders |
x |
|
|
|
|
Helal Uddin |
x |
|
|
|
|
Andrew Wood |
|
x |
|
|
|
Total Votes |
12 |
30 |
0 |
The amendment proposed by Councillor Chapman was put to a recorded vote and was defeated.
Councillors recorded their votes on the amendment as follows:-
|
Councillor |
For |
Against |
Abstain |
Absent |
|
Khales Uddin Ahmed |
x |
|
|
|
|
Ohid Ahmed |
|
|
Not voting |
|
|
Rajib Ahmed |
x |
|
|
|
|
Suluk Ahmed |
|
|
Absent |
|
|
Sabina Akhtar |
|
x |
|
|
|
Mahbub Alam |
|
x |
|
|
|
Shah Alam |
|
x |
|
|
|
Amina Ali |
|
x |
|
|
|
Shahed Ali |
|
x |
|
|
|
Abdul Asad |
|
x |
|
|
|
Craig Aston |
x |
|
|
|
|
Asma Begum |
x |
|
|
|
|
Rachel Blake |
x |
|
|
|
|
Chris Chapman |
x |
|
|
|
|
Dave Chesterton |
x |
|
|
|
|
Gulam Kibria Choudhury |
|
x |
|
|
|
Andrew Cregan |
|
x |
|
|
|
Julia Dockerill |
x |
|
|
|
|
David Edgar |
x |
|
|
|
|
Marc Francis |
x |
|
|
|
|
Amy Whitelock Gibbs |
x |
|
|
|
|
Peter Golds |
x |
|
|
|
|
Shafiqul Haque |
|
|
Absent |
|
|
Clare Harrisson |
x |
|
|
|
|
Danny Hassell |
x |
|
|
|
|
Sirajul Islam |
x |
|
|
|
|
Denise Jones |
x |
|
|
|
|
Aminur Khan |
|
x |
|
|
|
Rabina Khan |
|
x |
|
|
|
Shiria Khatun |
x |
|
|
|
|
Abjol Miah |
|
x |
|
|
|
Ayas Miah |
x |
|
|
|
|
Harun Miah |
|
x |
|
|
|
Mohammed Maium Miah |
|
x |
|
|
|
Mohammed Mufti Miah |
|
x |
|
|
|
Mohammed Abdul Mukit |
x |
|
|
|
|
Muhammed Ansar Mustaquim |
|
x |
|
|
|
Joshua Peck |
x |
|
|
|
|
John Pierce |
x |
|
|
|
|
Oliur Rahman |
|
x |
|
|
|
Gulam Robbani |
|
x |
|
|
|
Candida Ronald |
x |
|
|
|
|
Rachael Saunders |
x |
|
|
|
|
Helal Uddin |
x |
|
|
|
|
Andrew Wood |
x |
|
|
|
|
Total Votes |
5 |
37 |
0 |
Extension of time limit for the meeting
The Speaker of the Council, Councillor M. A. Mukitmoved, and Councillor Rachael Saunders seconded, a procedural motion, that “under Procedure Rule 15.11.7 the meeting be extended for 10 minutes, to complete the voting on the Budget and Council Tax 2016/17. The procedural motion was put to the vote and was agreed.
The substantive budget proposals were then put to a recorded vote and were agreed.
Councillors recorded their votes on the budget proposals as follows:-
|
Councillor |
For |
Against |
Abstain |
Absent |
|
Khales Uddin Ahmed |
x |
|
|
|
|
Ohid Ahmed |
|
|
Not voting |
|
|
Rajib Ahmed |
x |
|
|
|
|
Suluk Ahmed |
|
|
Absent |
|
|
Sabina Akhtar |
x |
|
|
|
|
Mahbub Alam |
|
x |
|
|
|
Shah Alam |
|
x |
|
|
|
Amina Ali |
x |
|
|
|
|
Shahed Ali |
|
x |
|
|
|
Abdul Asad |
|
x |
|
|
|
Craig Aston |
|
x |
|
|
|
Asma Begum |
x |
|
|
|
|
Rachel Blake |
x |
|
|
|
|
Chris Chapman |
|
x |
|
|
|
Dave Chesterton |
x |
|
|
|
|
Gulam Kibria Choudhury |
|
x |
|
|
|
Andrew Cregan |
x |
|
|
|
|
Julia Dockerill |
|
x |
|
|
|
David Edgar |
x |
|
|
|
|
Marc Francis |
x |
|
|
|
|
Amy Whitelock Gibbs |
x |
|
|
|
|
Peter Golds |
|
x |
|
|
|
Shafiqul Haque |
|
|
Absent |
|
|
Clare Harrisson |
x |
|
|
|
|
Danny Hassell |
x |
|
|
|
|
Sirajul Islam |
x |
|
|
|
|
Denise Jones |
x |
|
|
|
|
Aminur Khan |
|
x |
|
|
|
Rabina Khan |
|
x |
|
|
|
Shiria Khatun |
x |
|
|
|
|
Abjol Miah |
x |
|
|
|
|
Ayas Miah |
x |
|
|
|
|
Harun Miah |
|
x |
|
|
|
Mohammed Maium Miah |
|
x |
|
|
|
Mohammed Mufti Miah |
x |
|
|
|
|
Mohammed Abdul Mukit |
x |
|
|
|
|
Muhammed Ansar Mustaquim |
|
x |
|
|
|
Joshua Peck |
x |
|
|
|
|
John Pierce |
x |
|
|
|
|
Oliur Rahman |
|
x |
|
|
|
Gulam Robbani |
|
x |
|
|
|
Candida Ronald |
x |
|
|
|
|
Rachael Saunders |
x |
|
|
|
|
Helal Uddin |
x |
|
|
|
|
Andrew Wood |
|
x |
|
|
|
Total Votes |
25 |
17 |
0 |
(Councillor Ohid Ahmed was not present for the voting on the amendments or the substantial budget proposals)
RESOLVED:
That Council: -
General Fund Revenue Budget and Council Tax Requirement 2016-17
1. Agree a General Fund revenue budget of £361.985m and a total Council Tax Requirement for Tower Hamlets in 2016-17 of £76.884m as set out in the table below.
|
|
|
Total |
Savings |
Growth |
Adjustments |
Total |
|
|
Service Area |
2015-16 |
Approved |
New |
|
2016-17 |
||
|
|
|
£'000 |
£'000 |
£'000 |
£'000 |
£'000 |
£'000 |
|
Adult Services |
94,373 |
0 |
(5,762) |
2,567 |
(17) |
91,161 |
|
|
Public Health |
32,119 |
0 |
0 |
4,394 |
(1,050) |
35,463 |
|
|
Children Services |
90,293 |
0 |
(5,401) |
(1,240) |
855 |
84,506 |
|
|
Communities, Localities & Culture |
82,207 |
0 |
(4,414) |
794 |
(457) |
78,131 |
|
|
Development & Renewal |
15,964 |
0 |
(800) |
(258) |
134 |
15,041 |
|
|
Law, Probity & Governance |
9,524 |
0 |
(180) |
50 |
(204) |
9,190 |
|
|
Resources |
7,440 |
0 |
(625) |
227 |
(17) |
7,025 |
|
|
Net Service Costs |
331,920 |
0 |
(17,182) |
6,534 |
(755) |
320,517 |
|
|
|
|
|
|
|
|
|
|
|
Other Net Costs |
|
|
|
|
|
||
|
Capital Charges |
8,010 |
0 |
0 |
(535) |
0 |
7,475 |
|
|
Levies |
1,705 |
0 |
0 |
0 |
0 |
1,705 |
|
|
Pensions |
18,622 |
0 |
0 |
338 |
0 |
18,960 |
|
|
Other Corporate Costs |
(12,850) |
(4,000) |
(241) |
931 |
21,050 |
4,889 |
|
|
|
|
|
|
|
|
|
|
|
Total Other Net costs |
15,486 |
(4,000) |
(241) |
734 |
21,050 |
33,029 |
|
|
|
|
|
|
|
|
|
|
|
Inflation |
2,940 |
0 |
(1,629) |
7,000 |
129 |
8,440 |
|
|
|
|
|
|
|
|
|
|
|
Total Financing Requirement |
350,346 |
(4,000) |
(19,052) |
14,268 |
20,423 |
361,985 |
|
|
|
|
|
|
|
|
|
|
|
Funding |
|
|
|
|
|
||
|
Government Funding |
(88,693) |
0 |
(36) |
15,635 |
0 |
(73,094) |
|
|
Retained Business Rates |
(115,295) |
0 |
(2,886) |
0 |
0 |
(118,182) |
|
|
Section 31 Grant (BR) |
(2,665) |
0 |
0 |
(63) |
0 |
(2,728) |
|
|
Council Tax |
(69,815) |
0 |
(7,069) |
0 |
0 |
(76,884) |
|
|
Collection Fund Surplus |
0 |
0 |
0 |
0 |
0 |
0 |
|
|
|
Council Tax |
(2,131) |
0 |
853 |
0 |
0 |
(1,278) |
|
|
Retained Business Rates |
(4,922) |
0 |
2,325 |
0 |
0 |
(2,597) |
|
Core Grants |
|
|
|
|
|
||
|
|
Public Health Grant |
(33,877) |
0 |
0 |
(3,006) |
0 |
(36,883) |
|
|
Local Lead Flood |
(85) |
0 |
0 |
85 |
0 |
0 |
|
|
NHB |
(17,813) |
0 |
(3,804) |
0 |
0 |
(21,617) |
|
|
NHB Returned |
(329) |
0 |
0 |
329 |
0 |
0 |
|
|
Education Services Grant |
(4,140) |
0 |
0 |
341 |
0 |
(3,799) |
|
|
Improved Better Care fund |
0 |
0 |
0 |
0 |
0 |
0 |
|
|
Council Tax Freeze Grant 2015/16 |
(907) |
0 |
0 |
907 |
0 |
0 |
|
Reserves |
|
|
|
|
|
||
|
|
General Fund (Corporate) |
(624) |
0 |
0 |
0 |
(1,456) |
(2,080) |
|
|
Earmarked (Directorate) |
(1,209) |
0 |
0 |
0 |
1,209 |
0 |
|
|
General Fund (Smoothing) |
0 |
0 |
0 |
0 |
0 |
0 |
|
Total Financing |
(342,505) |
0 |
(10,617) |
14,228 |
(247) |
(339,141) |
|
2. Agree a Council Tax for Tower Hamlets in 2016-17 of £920.85 at Band D resulting in a Council Tax for all other band taxpayers, before any discounts, and excluding the GLA precept, as set out in the table below:-
This incorporates a 1.99% general increase on the previous year and a 2% increase in respect of the Adult Social Care ‘Precept’ announced by the government during its recent budget announcements (SR2015).
|
BAND |
PROPERTY VALUE
|
RATIO TO BAND D |
LBTH COUNCIL TAX FOR EACH BAND £ |
|
|
|
FROM £ |
TO £ |
||
|
A |
0 |
40,000 |
6/9 |
613.90 |
|
B |
40,001 |
52,000 |
7/9 |
716.22 |
|
C |
52,001 |
68,000 |
8/9 |
818.53 |
|
D |
68,001 |
88,000 |
9/9 |
920.85 |
|
E |
88,001 |
120,000 |
11/9 |
1,125.48 |
|
F |
120,001 |
160,000 |
13/9 |
1,330.12 |
|
G |
160,001 |
320,000 |
15/9 |
1,534.75 |
|
H |
320,001 |
and over |
18/9 |
1,841.70 |
3. Agree that for the London Borough of Tower Hamlets in 2016-17:-
(a) The Council Tax for Band D taxpayers, before any discounts, and including the GLA precept, shall be £1,196.85 as shown below: -.
|
|
£ (Band D, No Discounts) |
|
LBTH |
920.85 |
|
GLA |
276.00 |
|
Total |
1,196.85 |
(b) The Council Tax for taxpayers in all other bands, before any discounts, and including the GLA precept, shall be as detailed in the table below: -
|
BAND
|
PROPERTY VALUE |
RATIO TO BAND D
|
LBTH £ |
GLA £ |
TOTAL £ |
|
|
FROM £ |
TO £ |
|||||
|
A |
0 |
40,000 |
6/9 |
613.90 |
184.00 |
797.90 |
|
B |
40,001 |
52,000 |
7/9 |
716.22 |
214.67 |
930.89 |
|
C |
52,001 |
68,000 |
8/9 |
818.53 |
245.33 |
1,063.86 |
|
D |
68,001 |
88,000 |
9/9 |
920.85 |
276.00 |
1,196.85 |
|
E |
88,001 |
120,000 |
11/9 |
1,125.48 |
337.33 |
1,462.81 |
|
F |
120,001 |
160,000 |
13/9 |
1,330.12 |
398.67 |
1,728.79 |
|
G |
160,001 |
320,000 |
15/9 |
1,534.75 |
460.00 |
1,994.75 |
|
H |
320,001 |
and over |
18/9 |
1,841.70 |
552.00 |
2,393.70 |
4. Approve the statutory calculations of this Authority’s Council Tax Requirement in 2016-17, detailed in Appendix A to this decision sheet, undertaken by the Corporate Director Resources (Chief Financial Officer) in accordance with the requirements of Sections 31 to 36 of the Local Government Finance Act 1992.
5. Approve the Treasury Management Strategy Statement, the Annual Investment Strategy and the Minimum Revenue Provision Policy Statement as presented to Cabinet on 2 February 2016.
6. Approve the General Fund Capital and Revenue Budgets and Medium Term Financial Plan 2016-2020 as amended by the alternative options as agreed by the Mayor in Cabinet on 2 February 2016 and as set out in the report of the Mayor in Cabinet and summarised in the tables below.
Summary of Medium Term Financial Plan 2015-2020
|
|
|
2015-16 |
2016-17 |
2017-18 |
2018-19 |
2019-20 |
|
|
|
£'000 |
£'000 |
£'000 |
£'000 |
£'000 |
|
|
|
|
|
|
|
|
|
Net Service Costs |
355,585 |
350,346 |
361,985 |
350,586 |
359,537 |
|
|
|
|
|
|
|
|
|
|
Growth (Including Public Health) |
14,442 |
27,563 |
(16,899) |
3,451 |
3,400 |
|
|
Savings |
|
|
|
|
|
|
|
|
Approved |
(22,421) |
(4,000) |
0 |
0 |
0 |
|
|
New |
(200) |
(17,423) |
0 |
0 |
0 |
|
Inflation |
2,940 |
5,500 |
5,500 |
5,500 |
5,500 |
|
|
|
|
|
|
|
|
|
|
Total Funding Requirement |
350,346 |
361,985 |
350,586 |
359,537 |
368,437 |
|
|
|
|
|
|
|
|
|
|
Government Funding |
(88,693) |
(73,094) |
(58,474) |
(48,444) |
(38,079) |
|
|
Retained Business Rates |
(117,960) |
(120,910) |
(126,750) |
(131,731) |
(137,172) |
|
|
Council Tax |
(69,815) |
(76,884) |
(80,775) |
(84,862) |
(89,156) |
|
|
Collection Fund Surplus |
|
|
|
|
|
|
|
|
Council Tax |
(2,131) |
(1,278) |
0 |
0 |
0 |
|
|
Retained Business Rates |
(4,922) |
(2,597) |
0 |
0 |
0 |
|
Core Grants |
(57,151) |
(62,299) |
(52,065) |
(44,917) |
(44,953) |
|
|
|
|
|
|
|
|
|
|
Earmarked Reserves (Directorates) |
(1,833) |
(2,080) |
(370) |
(370) |
0 |
|
|
|
|
|
|
|
|
|
|
Total Funding |
(342,505) |
(339,141) |
(318,434) |
(310,325) |
(309,361) |
|
|
|
|
|
|
|
|
|
|
Budget Gap (excluding use of Reserves) |
7,841 |
22,845 |
32,153 |
49,213 |
59,077 |
|
|
Unallocated Contingencies |
0 |
0 |
0 |
0 |
0 |
|
|
Budgeted Contributions to Reserves |
0 |
0 |
0 |
0 |
0 |
|
|
General Fund Reserves |
(7,841) |
(22,845) |
(2,153) |
(1,213) |
(1,077) |
|
|
|
|
|
|
|
|
|
|
Unfunded Gap |
0 |
0 |
30,000 |
48,000 |
58,000 |
|
|
Savings to be delivered in each year |
(0) |
0 |
(30,000) |
(18,000) |
(10,000) |
|
|
|
|
|
|
|
|
|
|
|
|
31/03/2016 |
31/03/2017 |
31/03/2018 |
31/03/2019 |
31/03/2020 |
|
Balance on General Fund Reserves (£000s) |
63,616 |
40,771 |
38,618 |
37,406 |
36,329 |
|
Detailed Analysis of the Medium Term Financial Plan by Service Area 2015/16 to 2019/20
|
|
|
Total |
Savings |
Growth |
Adjustments |
Total |
Savings |
Growth |
Adjustments |
Total |
Savings |
Growth |
Adjustments |
Total |
Savings |
Growth |
Adjustments |
Total |
||||
|
Service Area |
2015-16 |
Approved |
New |
|
2016-17 |
Approved |
New |
|
2017-18 |
Approved |
New |
|
2018-19 |
Approved |
New |
|
2019-20 |
|||||
|
|
|
£'000 |
£'000 |
£'000 |
£'000 |
£'000 |
£'000 |
£'000 |
£'000 |
£'000 |
£'000 |
£'000 |
£'000 |
£'000 |
£'000 |
£'000 |
£'000 |
£'000 |
£'000 |
£'000 |
£'000 |
£'000 |
|
Adult Services |
94,373 |
0 |
(5,762) |
2,567 |
(17) |
91,161 |
0 |
(241) |
3,403 |
0 |
94,323 |
0 |
0 |
2,057 |
0 |
96,380 |
0 |
0 |
0 |
0 |
96,380 |
|
|
Public Health |
32,119 |
0 |
0 |
4,394 |
(1,050) |
35,463 |
0 |
0 |
(1,185) |
(447) |
33,831 |
0 |
0 |
(750) |
0 |
33,081 |
0 |
0 |
(730) |
0 |
32,351 |
|
|
Children Services |
90,293 |
0 |
(5,401) |
(1,240) |
855 |
84,506 |
0 |
0 |
0 |
(600) |
83,906 |
0 |
0 |
0 |
0 |
83,906 |
0 |
0 |
0 |
(370) |
83,536 |
|
|
Communities, Localities & Culture |
82,207 |
0 |
(4,414) |
794 |
(457) |
78,131 |
0 |
0 |
1,077 |
0 |
79,208 |
0 |
0 |
714 |
0 |
79,922 |
0 |
0 |
0 |
0 |
79,922 |
|
|
Development & Renewal |
15,964 |
0 |
(800) |
(258) |
134 |
15,041 |
0 |
0 |
0 |
(663) |
14,378 |
0 |
0 |
0 |
0 |
14,378 |
0 |
0 |
0 |
0 |
14,378 |
|
|
Law, Probity & Governance |
9,524 |
0 |
(180) |
50 |
(204) |
9,190 |
0 |
0 |
0 |
0 |
9,190 |
0 |
0 |
0 |
0 |
9,190 |
0 |
0 |
0 |
0 |
9,190 |
|
|
Resources |
7,440 |
0 |
(625) |
227 |
(17) |
7,025 |
0 |
0 |
250 |
0 |
7,275 |
0 |
0 |
0 |
0 |
7,275 |
0 |
0 |
0 |
0 |
7,275 |
|
|
Net Service Costs |
331,920 |
0 |
(17,182) |
6,534 |
(755) |
320,517 |
0 |
(241) |
3,545 |
(1,710) |
322,111 |
0 |
0 |
2,021 |
0 |
324,132 |
0 |
0 |
(730) |
(370) |
323,032 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other Net Costs |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||
|
Capital Charges |
8,010 |
0 |
0 |
(535) |
0 |
7,475 |
0 |
0 |
(419) |
0 |
7,056 |
0 |
0 |
0 |
0 |
7,056 |
0 |
0 |
0 |
0 |
7,056 |
|
|
Levies |
1,705 |
0 |
0 |
0 |
0 |
1,705 |
0 |
0 |
0 |
0 |
1,705 |
0 |
0 |
0 |
0 |
1,705 |
0 |
0 |
0 |
0 |
1,705 |
|
|
Pensions |
18,622 |
0 |
0 |
338 |
0 |
18,960 |
0 |
0 |
1,500 |
0 |
20,460 |
0 |
0 |
1,000 |
0 |
21,460 |
0 |
0 |
1,000 |
0 |
22,460 |
|
|
Other Corporate Costs |
(12,850) |
(4,000) |
(241) |
931 |
21,050 |
4,889 |
0 |
241 |
185 |
(20,000) |
(14,685) |
0 |
0 |
430 |
0 |
(14,255) |
0 |
0 |
3,500 |
0 |
(10,755) |
|
|
Total Other Net costs |
15,486 |
(4,000) |
(241) |
734 |
21,050 |
33,029 |
0 |
241 |
1,266 |
(20,000) |
14,536 |
0 |
0 |
1,430 |
0 |
15,966 |
0 |
0 |
4,500 |
0 |
20,466 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Inflation |
2,940 |
0 |
(1,629) |
7,000 |
129 |
8,440 |
0 |
(1,500) |
7,000 |
0 |
13,940 |
0 |
(1,500) |
7,000 |
0 |
19,440 |
0 |
(1,500) |
7,000 |
0 |
24,940 |
|
|
Total Financing Requirement |
350,346 |
(4,000) |
(19,052) |
14,268 |
20,423 |
361,985 |
0 |
(1,500) |
11,811 |
(21,710) |
350,586 |
0 |
(1,500) |
10,451 |
|
359,537 |
0 |
(1,500) |
10,770 |
(370) |
368,437 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Funding |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||
|
Government Funding |
(88,693) |
0 |
(36) |
15,635 |
0 |
(73,094) |
0 |
(87) |
14,707 |
0 |
(58,474) |
0 |
(133) |
10,163 |
0 |
(48,444) |
0 |
(149) |
10,514 |
0 |
(38,079) |
|
|
Retained Business Rates |
(115,295) |
0 |
(2,886) |
0 |
0 |
(118,182) |
0 |
(8,471) |
2,422 |
0 |
(124,230) |
0 |
(2,639) |
(2,327) |
0 |
(129,196) |
0 |
(2,991) |
(2,435) |
0 |
(134,622) |
|
|
Section 31 Grant (BR) |
(2,665) |
0 |
0 |
(63) |
0 |
(2,728) |
0 |
(15) |
223 |
0 |
(2,520) |
0 |
(15) |
0 |
0 |
(2,535) |
0 |
(15) |
0 |
0 |
(2,550) |
|
|
Council Tax |
(69,815) |
0 |
(7,069) |
0 |
0 |
(76,884) |
0 |
(3,891) |
0 |
0 |
(80,775) |
0 |
(4,088) |
0 |
0 |
(84,862) |
0 |
(4,294) |
0 |
0 |
(89,156) |
|
|
Collection Fund Surplus |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|
|
|
Council Tax |
(2,131) |
0 |
853 |
0 |
0 |
(1,278) |
0 |
1,278 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|
|
Retained Business Rates |
(4,922) |
0 |
2,325 |
0 |
0 |
(2,597) |
0 |
2,597 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|
Core Grants |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||
|
|
Public Health Grant |
(33,877) |
0 |
0 |
(3,006) |
0 |
(36,883) |
0 |
0 |
740 |
0 |
(36,143) |
0 |
0 |
750 |
0 |
(35,393) |
0 |
0 |
730 |
0 |
(34,663) |
|
|
Local Lead Flood |
(85) |
0 |
0 |
85 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|
|
NHB |
(17,813) |
0 |
(3,804) |
0 |
0 |
(21,617) |
0 |
(5,000) |
14,287 |
0 |
(12,330) |
0 |
(5,000) |
13,407 |
0 |
(3,923) |
0 |
(5,000) |
5,741 |
0 |
(3,182) |
|
|
NHB Returned |
(329) |
0 |
0 |
329 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|
|
Education Services Grant |
(4,140) |
0 |
0 |
341 |
0 |
(3,799) |
0 |
0 |
1,027 |
0 |
(2,772) |
0 |
0 |
1,026 |
0 |
(1,746) |
0 |
0 |
1,026 |
0 |
(720) |
|
|
Improved Better Care fund |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
(820) |
0 |
0 |
(820) |
0 |
(3,036) |
0 |
0 |
(3,856) |
0 |
(2,533) |
0 |
0 |
(6,389) |
|
|
Council Tax Freeze Grant 2015/16 |
(907) |
0 |
0 |
907 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|
Reserves |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||
|
|
General Fund (Corporate) |
(624) |
0 |
0 |
0 |
(1,456) |
(2,080) |
0 |
0 |
0 |
1,710 |
(370) |
0 |
0 |
0 |
0 |
(370) |
0 |
0 |
0 |
370 |
0 |
|
|
Earmarked (Directorate) |
(1,209) |
0 |
0 |
0 |
1,209 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|
|
General Fund (Smoothing) |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|
Total Financing |
(342,505) |
0 |
(10,617) |
14,228 |
(247) |
(339,141) |
0 |
(14,409) |
33,406 |
1,710 |
(318,434) |
0 |
(14,910) |
23,019 |
0 |
(310,325) |
0 |
(14,982) |
15,576 |
370 |
(309,361) |
|
LONDON BOROUGH OF TOWER HAMLETS
COUNCIL 24th February 2016
APPENDIX A – BUDGET AND COUNCIL TAX STATUTORY CALCULATIONS
SETTING THE AMOUNT OF COUNCIL TAX FOR THE COUNCIL'S AREA
1. That the revenue estimates for 2016-17 be approved.
2. That it be noted that, at its meeting on 5th January 2016, Cabinet calculated 83,493 as its Council Tax base for the year 2016-17 [Item T in the formula in Section 31B of the Local Government Finance Act 1992, as amended (the “Act”)]
3. That the following amounts be now calculated by the council for the year 2016-17 in accordance with Section 31 to 36 of the Local Government Finance Act 1992 as amended and the Local Authorities (Alteration of Requisite Calculations) (England) Regulations 2011:
|
(a) |
£1,271,486,394 |
Being the aggregate of the amounts which the council estimates for the items set out in Section 31A(2) of The Act. [Gross Expenditure] |
|
(b) |
£1,194,602,325 |
Being the aggregate of the amounts which the Council estimates for the items set out in Section 31A(3) of The Act. [Gross Income] |
|
(c) |
£76,884,529 |
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). [Council Tax Requirement] |
|
(d) |
£920.85 |
Being the amount at 3(c) above (Item R), all divided by Item T (2 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. [Council Tax]
|
|
(e) |
VALUATION BAND |
LBTH £ |
|
|
|
A |
613.90 |
|
|
|
B |
716.22 |
|
|
|
C |
818.53 |
|
|
|
D |
920.85 |
|
|
|
E |
1,125.48 |
|
|
|
F |
1,330.12 |
|
|
|
G |
1,534.75 |
|
|
|
H |
1,841.70 |
|
|
Being the amount given by multiplying the amount at 3(d) 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 amount to be taken into account for the year in respect of categories of dwellings listed in different valuation bands. |
|||
4. That it be noted that for the year 2016-17 the Greater London Authority has 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 |
GLA £
|
|
A |
184.00 |
|
B |
214.67 |
|
C |
245.33 |
|
D |
276.00 |
|
E |
337.33 |
|
F |
398.67 |
|
G |
460.00 |
|
H |
552.00 |
5. That, having calculated the aggregate in each case of the amounts at 3(d) and 4 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 2016-17 for each of the categories of dwellings shown below:-
|
VALUATION BAND |
TOTAL COUNCIL TAX £
|
|
A |
797.90 |
|
B |
930.89 |
|
C |
1,063.86 |
|
D |
1,196.85 |
|
E |
1,462.81 |
|
F |
1,728.79 |
|
G |
1,994.75 |
|
H |
2,393.70 |
6. That the council hereby determines in accordance with Section 52ZB of the Local Government Finance Act 1992, that its relevant basic amount of Council Tax for 2016-17 is not excessive in accordance with the principles approved by the Secretary of State under Section 52ZC of the Local Government Finance Act 1992. As the billing authority, the council has not been notified by a major precepting authority that its relevant basic amount of Council Tax for 2016/17 is excessive and that the billing authority is not required to hold a referendum in accordance with Section 52ZK of the Local Government Finance Act 1992.
Supporting documents:
-
Item 5 - Budget and Council Tax - Report from Cabinet to Council amended v5 12.46pm, item 5.
PDF 108 KB -
Budget Motion - February Council - Final, item 5.
PDF 93 KB
-
51aMediumTermFinancialPlanBudgetReport, item 5.
PDF 321 KB
-
51bFebruaryCabinetAppendices, item 5.
PDF 4 MB
-
2016 02 09 PG - Treasury Management Strategy Statement For 2016-17 - leg..., item 5.
PDF 161 KB
-
Annex A - TMSS 1617 080216 full council, item 5.
PDF 426 KB
-
Tabled amendments - cover sheet 240216, item 5.
PDF 68 KB
-
Independent Group Budget Amendment, item 5.
PDF 123 KB
-
Independent Group Budget Amendment - Officer Comments, item 5.
PDF 50 KB
-
Conservative Budget Amendments, item 5.
PDF 54 KB
-
Conservative Budget Amendments - Officer comments, item 5.
PDF 48 KB