Top

Top

Agenda Item No

 

The Vale of Glamorgan Council

 

Cabinet Meeting: 24 February, 2014

 

Report of the Leader    

 

Final Proposals for the Revenue Budget 2014/15

 

Purpose of the Report

1.         The purpose of this report is to set out proposals for Cabinet members to consider, before making their final recommendation to Council, in respect of the budget for the financial year 2014/15.  It also sets out the savings targets for the years 2015/16 and 2016/17.

Recommendations

That Cabinet recommend to Council the following:

 

1.         Fix the budget for 2014/15 at £214.331 million including a provision of £200,000 for discretionary rate relief to rural shops and post offices and charitable organisations.

2.         Approve the budgets for 2014/15 as set out in Appendix B, the totals as follows:

 

£’000

Education and Schools

93,369

Libraries

  2,589

Lifelong Learning

     204

Youth Service

  1,084

Catering

  1,743

Children & Young People

14,761

Adult Services

36,628

Business Management & Innovation

     301

Youth Offending Service

     664

Environment and Visible Services

17,912

Parks and Grounds Maintenance

  3,528

Building Services

         0

General Fund Housing

  1,066

Public Protection

  2,231

Private Housing

11,744

Planning and Transportation

  5,306

Leisure

   3,515

Economic Development

      832

Resources

      229

Corporate and Customer Services

      151

General Policy

 18,974

General Fund Reserve

  (2,500)

Grand Total

214,331

 

3.         Approve the recommendations regarding Net Growth set out in Appendix C.

4.         Set the Council Tax for 2014/15 for its own purposes (excluding police and town and community council precepts) at the following levels:

Band

             Council Tax

                          £    p

A

    686.28

B

    800.66

C

    915.04

D

 1,029.42

E

 1,258.18

F

 1,486.94

G

 1,715.70

H

 2,058.84

I

 2,401.98

 

5.         The proposed draft report on Education Budget and IBA at Appendix A be endorsed and the Chief Learning and Skills Officer make arrangements for it to be forwarded to the School Budget Forum and Welsh Government.

That Cabinet approve the following:

6.         The Chief Learning and Skills Officer be given delegated powers to determine the amount of money to be allocated to the schools’ delegated budgets after consultation with the Schools Budget Forum, subject to the Individual Schools Budget (ISB) being no less than the Welsh Government’s  target.

7.         The Director of Social Services continues to review the Social Services Budget Plan and take the necessary action to achieve the level of savings required in accordance with the approved timeframe.

8.         The initial savings targets for 2015/16 and 2016/17 as set out in Appendix F be approved.

9.         The views of external stakeholders be sought on budget priorities, the results to be reported as part of the next iteration of the Medium Term Financial Plan in September 2014.

10.      The reclassification of reserves as set out at Appendix G be approved.

11.      The Chief Learning and Skills Officer updates her medium term financial and service plan report for the Schools Budget Forum including details of the support she will give to schools in keeping within their budgets.

Reasons for the Recommendations

1.          

To set the 2014/15 budget in line with statutory requirements.

2.          

To allocate budgets to services.

3.          

To reduce risk to services.

4.          

To set Council Tax levels for 2014/15.

5.          

So that the report can be presented to the Schools Budget Forum and Welsh Government.

6.          

To set out delegated authority in relation to the allocation of the Education and Schools budget.

7.          

To ensure that the Social Services Budget Plan is achieved.

8 - 9

To set minimum savings targets for achieving savings and to ensure that the impact of implementing different options to achieve these savings is fully considered.

10.

To ensure that reserves are both adequate in purpose and level.

11.

To put in place a coherent service and financial strategy for future years for Education and to assist schools in meeting cost pressures.

 

 

 

Background

For the full report and appendices please follow the links below

 

Final Proposals for the Revenue Budget 2014/15

Appendix A - Reasons for Difference between Education IBA and Budget

Appendix B - Base Budget 2014/15

Appendix C - Net Growth 2014/15

Appendix D - Savings Proposals 2014/15

Appendix E - Predicted Revenue Cost Pressures 2015/16 to 2016/17

Appendix F - Savings Proposals 2015/16 & 2016/17

Appendix G - Analysis of Reserves

Appendix H - Equality Impact Assessment

 

 

 

 

 

 

 

 

 

 

Share on facebook Like us on Facebook