Issue - decisions
2022/23 Budget setting
31/01/2022 - 2022/23 Budget setting
a) That cabinet approve the responses to scrutiny committee recommendations set out in the supplementary paper; and
b) That the following be recommended to Council:
i. The council tax base of 70,252.52 Band D equivalents in 2022/23;
ii. an increase in core council tax in 2022/23 of 1.99%;
iii. an additional precept in respect of adult social care costs of 1% applied to council tax in 2022/23 resulting in a total council tax increase of 2.99%, increasing the band D charge from £1,652.30 to £1,701.70 for Herefordshire Council in 2022/23;
iv. the balanced 2022/23 revenue budget proposal totalling £175.1m, subject to any amendments approved at the meeting, specifically the net spending limits for each directorate as at appendix C, amended to include the additional funding proposals of £500k to be added to the discretionary Housing Payment scheme budget and £296k to be added to general reserves;
v. the use of the new service grant one off funding in 2022/23 to support the economy and environment three year savings delivery plan;
vi. to use the one off collection fund surplus of £1.3m to fund property services budget costs in 2022/23;
vii. delegates to the section 151 officer the power to make necessary changes to the budget arising from any variations in central government funding allocations via general reserves;
viii. the medium term financial strategy (MTFS) 2022-25 at appendix A;
ix. the treasury management strategy at appendix D be approved.