Agenda and decisions

Cabinet - Tuesday, 18th January, 2022 10.00 am

Venue: Via Zoom - https://us06web.zoom.us/j/99743812595

Contact: Tom Delaney  01572 720993

Media

Items
No. Item

1.

APOLOGIES FOR ABSENCE

2.

ANNOUNCEMENTS FROM THE CHAIRMAN AND/OR HEAD OF THE PAID SERVICE

3.

DECLARATIONS OF INTEREST

In accordance with the Regulations, Members are required to declare any personal or prejudicial interests they may have and the nature of those interests in respect of items on this Agenda and/or indicate if Section 106 of the Local Government Finance Act 1992 applies to them.

4.

RECORD OF DECISIONS pdf icon PDF 166 KB

To confirm the Record of Decisions made at the meeting of the Cabinet held on

5.

ITEMS RAISED BY SCRUTINY

To receive items raised by members of scrutiny which have been submitted to the Leader and Chief Executive.

6.

DRAFT REVENUE AND CAPITAL BUDGET 2022/23 pdf icon PDF 1 MB

To receive Report No. 01/2022 from the Portfolio Holder for Finance, Governance and Performance, Change and Transformation.

Decision:

In consultation with the Cabinet, Councillor K Payne, Portfolio Holder for Finance, Governance and Performance, Change and Transformation:

 

1)    Approved for consultation:

·       The General Fund Budget for 2022/23 of £42.345m.

·       An increase in Council Tax of 4.99% including 3% for the Adult Social Care precept resulting in a Band D charge of £1,917.36

·       Use of the remaining Government hardship fund to provide further council tax discounts to the most vulnerable residents.

·       Authority for the Chief Executive and s151 Officer in consultation with the Portfolio Holder for Finance to continue discussions with cost reduction consultants and spend up to £100k on a viable project.

·       The questions set out in Appendix 8.

·       Additions/deletions to the capital programme as per 12.1.2

·       Changes to earmarked reserves as per 9.2.3

 

2)    Noted:

·       That the funding position may change when the NNDR (business rates) tax base and local government finance settlement is finalised.

·       That additional revenue or capital expenditure may be incurred in 2022/23 funded through 2021/22 budget under spends to be carried forward via earmarked reserves. The use of reserves for budget carry forwards is not currently shown in the budget but will have no impact on the General Fund.

·       The estimated surplus of £186k on the Collection Fund as at 31 March 2022 of which £159k is the Rutland share.

·       That Council will be considering the Treasury Management Strategy and Capital Investment Strategy separately.

·        The position on the Dedicated Schools Grant budget.

7.

TREASURY MANAGEMENT STRATEGY AND CAPITAL INVESTMENT STRATEGY 2022/23 pdf icon PDF 1 MB

To receive Report No. 02/2022 from the Portfolio Holder for Finance, Governance and Performance, Change and Transformation.

Additional documents:

Decision:

In consultation with Cabinet, Councillor K Payne, Portfolio Holder for Finance,

Governance and Performance, Change and Transformation:

 

Recommended to Council to approve:

 

a)    The Treasury Management Strategy in Appendix 1 including the Investment Strategy, Borrowing strategy, Minimum Revenue Provision statement and Capital Expenditure Prudential indicators.

 

b)    The Capital Investment Strategy in Appendix 2.

8.

SEND RECOVERY PLAN UPDATE pdf icon PDF 537 KB

To receive Report No. 07/2022 from the Portfolio Holder for Education and Children’s Services.

Decision:

Councillor D Wilby, Portfolio Holder for Education and Children’s Services, and the Cabinet:

 

1)    Noted the update, the emerging impact of the Special Educational Needs and Disabilities,(SEND), Recovery Plan group of projects.

 

2)    Endorsed the actions planned to continue to address the High Needs Budget deficit.

9.

ANY ITEMS OF URGENT BUSINESS

To receive items of urgent business which have previously been notified to the person presiding.