Agenda item

2012/13 INDICATIVE BUDGET (REVENUE AND CAPITAL) ALLOCATED TO CORPORATE PRIORITIES

The Director for Corporate Support will submit a written report setting out Plymouth City Council’s 2012/13 indicative revenue and capital budget.  It builds on the income assumptions set out in the latest published Medium Term Financial Strategy and its impact on the Council Tax. The budget brings together the elements of the Council’s income and expenditure strategy, summarised by each department, together with its capital strategy. It also reviews the impact on future revenue and capital plans for 2013/14 and 2014/15

Minutes:

The Director for Corporate Support submitted a written report setting out the Council’s 2012/13 Indicative Revenue and Capital Budget.

 

The report stated -

 

(a)

that the indicative budget -

 

 

?

built on the income assumptions in the latest Medium Term Financial Strategy and its impact on the Council tax;

 

 

?

brought together the elements of the Council’s income and expenditure strategy, summarised by each existing department, together with its capital strategy;  

 

 

?

reviewed the impact on future revenue and capital plans;

 

(b)

that Local Government funding was changing, with continued reductions expected, the publication of the White Paper on Growth and a review of public sector pension provision;   

 

(c)

the method of setting the 2012/13 budget;

  

(d)

how the three year budget delivery plans had been addressed.  

 

Councillor Bowyer (Cabinet Member for Finance, Property and People) presented the report and indicated that following the recent government announcement on the local settlement, the assumptions made by the officers to produce the indicative budget had been confirmed, although further information was expected on specific grants in due course. 

 

Cabinet Members were advised that –

 

(e)

there had been over 1,000 responses to the survey conducted by the Council as part of its budget consultation and that the outcome would be taken into account when producing the final budget recommendations;

 

(f)

from the survey, the top three service priorities were –

 

 

?

creating and protecting jobs across the city; 

 

?

support for vulnerable children, children in care or in need of protection;

 

?

tackling criminal damage and anti-social behaviour;

 

(g)

up to 30 November 2011, 687 staff had left the Council, with the loss of 356 full time equivalent posts and 66 compulsory redundancies. 

 

Agreed that –

 

(1)

the Leader is authorised to agree the draft Corporate Plan, for the purposes of consultation and scrutiny, in accordance with the budget and policy framework procedure rules; 

 

(2)

the proposed revenue target budget requirement of £201.1m for 2012/13 and four year Capital Programme of £160.6m is recommended for consultation;

 

(3)

 

Cabinet consider findings from consultation, feedback from budget scrutiny and any material changes announced in the final settlement for Plymouth City Council in early February 2012 and recommend the final revenue budget for 2012/13 to Full Council on 27 February 2012.

 

Supporting documents: