(a)

the impact of the December settlement for Plymouth compared with the Council’s resource assumptions;

(b)

how the £1.2m revenue gap for 2015/16 had been closed; 

(c) 

a breakdown of costs and benefits attributable to the Council’s Transformation Programme in 2015/16;

(d) 

a risk register detailing the high level risks associated with the revenue and capital budgets 2015/16 to 2018/19;

(e)

that at the time of writing the report, the precepts had not been agreed for the Devon and Cornwall Police and Crime Commissioner and the Devon and Somerset Fire and Rescue Authority.

(f) 

the budget would enable the Council to modernise delivery, protect front line services whilst working in a co-operative way;

(g)

the majority of savings would come from the transformation programme;

(h)

a graphic on the budget would be published on the website shortly;

(i)

the proposed Council Tax was just under 2% given the choice between raising the tax or cutting vital services; 

(j)

the precept to the Devon and Somerset Fire and Rescue Authority would be determined on 20 February 2015;  

(k)

following representations to the government, an additional one off amount of £439,000 had been allocated for adult social care.

(l)

an additional 40 beds in extra care schemes;

(m)

an increase in Domiciliary Care visits from 15 minutes to 30 minutes;

(n)

a reduction in costs of £23m over the next two years from the transformation programme;

(o)

a £200,000 investment in public toilets; 

(p)

200 affordable homes for local people in housing need;

(q)

investment in five schools: the expansion of three, rebuilding one and opening a new one;

(r)

the continued investment in roads and infrastructure together with a significant investment in footways;

(s)

strategic transport projects which included the A386, Marjon Link Road, Derriford Transport scheme and Outland Road; 

(t)

over 20 major events scheduled for 2015, in partnership with the City Centre Company and the Plymouth Waterfront Partnership, including MTV Crashed Plymouth and the British Fireworks Championship;  

(u)

the designation of Plymouth as one of four ‘Ping’ cities in the country to host the national initiative which was designed to get more people playing table tennis.

(v)

to amend recommendation 5 (capital programme) to read 2014 – 2018;

(w)

to delete recommendation 6 as the capital delegation arrangements had already been approved and implemented.

(1)

to agree the amendments to the December Indicative Budget to close the £1.2m ‘gap’ as set out in the written report;

(2) 

to approve an increase of 1.99% in Council Tax for 2015/16;

(3)

to approve the proposed net revenue budget requirement for 2014/15 of £192.570m;

(4)

to approve the total capital budget of £237.405m for 2014 to 2018. Any changes to the overall capital funding available to be sanctioned by the Council’s Section 151 Officer;

(5)

that all newly approved capital schemes are incorporated within regular public finance reporting;

(6)

using the Council Tax base for 2015/16 as 68,460  [Item T in the formula in Section 31B of the Local Government Finance Act 1992, as amended (the “Act”)]; calculate that the Council Tax requirement for the Council’s own purposes for 2015/16 is £x;

(7)

using the Council Tax base for 2015/16 as 66,958 [Item T in the formula in Section 31B of the Local Government Finance Act 1992, as amended (the “Act”)]; to calculate that the Council Tax requirement for the Council’s own purposes for 2015/16 is £x;

(8)

that the following  amounts are calculated for the year 2015/16 in accordance with Sections 31 to 36 of the Act:

(a)

£x being the aggregate of the amounts which the Council estimates for  the items set out in Section 31A(2) of the Act (Gross Expenditure and Transfers to Reserves);

(b)

£x being the aggregate of the amounts which the Council estimates for  the items set out in Section 31A(3) of the Act (Gross Income and Transfers from  Reserves);

(c)

£x being the amount by which the aggregate at 8(a) above exceeds the aggregate at 8(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)

£x being the amount at 8(c) above (Item R), all divided by Item T (8 above), calculated by the Council, in accordance with Section 31B of the Act, as the basic amount of its Council Tax for the year;

(9)

to note that the Devon and Cornwall Police and Crime Commissioner and the Devon and Somerset Fire and Rescue Authority have not at present 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. Once confirmed these will be included in the tables below; 

 (10)

the Council, in accordance with Sections 30 and 36 of the Local Government Finance Act 1992, will set the indicative aggregate amounts shown in the tables below as the amounts of Council Tax for 2015/16 for each part of its area and for each of the categories of dwellings -

Plymouth City Council

A

B

C

D

£x

£x

£x

£x

E

F

G

H

£x

£x

£x

£x

Devon and Cornwall Police and Crime Commissioner

A

B

C

D

£x

£x

£x

£x

E

F

G

H

£x

£x

£x

£x

Devon and Somerset Fire and Rescue Authority

A

B

C

D

£x

£x

£x

£x

E

F

G

H

£x

£x

£x

£x

Aggregate of Council Tax Requirements

A

B

C

D

£x

£x

£x

£x

E

F

G

H

£x

£x

£x

£x