To consider the Budget for 2019 - 2020, Medium Term Financial Strategy 2019 - 2024 and Capital Programme for 2019 – 2024.
Minutes:
Council considered the budget for 2019/20, the Medium Term Financial Strategy 2019 - 2024 and Capital Programme 2019 – 2024 (copy filed with the signed minutes).
The Portfolio Holder for Finance, Countryside and Transport outlined changes to the paper considered by Council on 21 February that were summarised in the addendum to the budget report. The Portfolio Holder advised that a £400k improvement in the outturn report to the last Cabinet meeting had freed up some additional funding. The Section 151 Officer confirmed that the changes in the addendum were fully funded.
County Councillor James Gibson-Watt moved an amendment, seconded by County Councillor Gareth Ratcliffe, proposing that the £90,000 currently unallocated as contingency in 1.4 of the Budget Report to partially restore funding currently proposed to be cut in Saving LRP03 (partnerships with Arts & Cultural organisations), such funding to be distributed on a pro rata basis to organisations and groups currently in receipt of such grant funding from the council.
The following Councillors declared personal, non-pecuniary interests as members appointed by Council to various voluntary groups: County Councillors G Breeze, G Jones, F Jump, PE Lewis, M Mackenzie, S McNicholas, P Pritchard, K Roberts-Jones, E Roderick, D Selby, RG Thomas, TJ Van-Rees and JM Williams.
The amendment was put to the vote and by 35 votes to 21 with 4 abstentions it was
RESOLVED to allocate the £90,000 currently unallocated as contingency in 1.4 of the Budget Report to partially restore funding currently proposed to be cut in Saving LRP03 (partnerships with Arts & Cultural organisations), such funding to be distributed on a pro rata basis to organisations and groups currently in receipt of such grant funding from the council.
Council voted on the recommendations in the addendum proposed by County Councillor Aled Davies and seconded by County Councillor Myfanwy Alexander.
Recommendation 1: by 34 votes to 26 it was
RESOLVED |
Reason for Decision |
1. That the Medium Term Financial Strategy for 2019 to 2024 as set out in Appendix 1 to the report be agreed in principle.
|
To aid business planning and development of the budget over a three year period. |
Recommendation 2: by 33 votes to 25 with 3 abstentions it was
RESOLVED |
Reason for Decision |
2. That the proposed Revenue Budget for 2019/20 shown in the Financial Resource Model in Appendix 12 which includes the changes reported in this addendum is approved. |
Statutory requirement. |
Recommendation 3: by 35 votes to 25 with 2 abstentions it was
RESOLVED |
Reason for Decision |
3. That the Fees and Charges proposed within the Fees and Charges Register are approved (Appendix 4 and 5) |
To comply with Powys County Council Income Policy. |
Recommendation 4: by 41 votes to 21 it was
RESOLVED |
Reason for Decision |
4. The proposed Capital Strategy for 2019/20 shown in Appendix 6 including the revised Capital Receipts Policy is approved. |
Statutory requirement. |
Recommendation 5: by 33 votes to 26 with 3 abstentions it was
RESOLVED |
Reason for Decision |
5. That a Council Tax increase of 9.5% is included in the budget and approved. |
There is a Statutory Requirement to set Council Tax but the level is a matter for local determination. |
Recommendation 6: by 44 votes to 16 with 1 abstention it was
RESOLVED |
Reason for Decision |
6. The authorised borrowing limit for 2019/20 as required under section 3(1) of the Local Government Act 2003 be approved at £497m as set out in section 11.6 of the report. |
Statutory requirement. |
Recommendation 7: by 44 votes to 16 it was
RESOLVED |
Reason for Decision |
7. The Prudential Indicators for 2019/20 are approved as set out in section 10 of the report and Appendix 7. |
Statutory requirement.
|
Council adjourned from 13.33 to 14.10.
PRESENT
County Councillor DW Meredith (Chair)
County Councillors MC Alexander, M Barnes, B Baynham, G Breeze, J Charlton, L V Corfield, K W Curry, A W Davies, B Davies, D E Davies, P Davies, S C Davies, M J Dorrance, E Durrant, D O Evans, J Evans, L George, J Gibson-Watt, M R Harris, H Hulme, D R Jones, E Jones, G Jones, J R Jones, E M Jones, M J Jones, F H Jump, K Laurie-Parry, H Lewis, K Lewis, P E Lewis, MC Mackenzie, I McIntosh, S McNicholas, C Mills, G Morgan, JG Morris, R Powell, WD Powell, GD Price, P C Pritchard, G Pugh, G W Ratcliffe, L Roberts, P Roberts, K M Roberts-Jones, E Roderick, D Rowlands, D Selby, K S Silk, R G Thomas, T J Van-Rees, E Vaughan, M Weale, A Williams, G I S Williams, D H Williams, J Williams, J M Williams, R Williams and S L Williams
The Chair advised that he was changing the running order of the agenda to take the two schools reports next.
Supporting documents: