Policy And Resources Committee - 14/02/2002

At a MEETING of the POLICY AND RESOURCES COMMITTEE held at Dundee on 14th February 2002.

Present:-

COUNCILLORS

Councillor JULIE STURROCK, Convener, in the Chair.

The minute of meeting of this Committee of 11th February 2002 was held as read.

Unless marked thus * all items stand delegated.

I REVENUE BUDGET 2002/03 AND 2003/04

Councillors Sturrock, Glen and Rolfe declared an interest in this item.

Reference was made to Article I of the minute of meeting of this Committee of 11 February 2002.

The Committee had before them the following:-

(1) Provisional Revenue Budget Volume 2002/2003;

(2) Report No 135-2002 by the Director of Finance; and

The Committee gave consideration to the recommendations in Report No 135-2002 so far as its interest was concerned; and

(i)noted the contents of the Provisional Revenue Budget Volume 2002/03 and 2003/04;

(ii)approved the adjustments detailed in Appendix B to this report and reduced the 2002/03 Revenue Budget by 2,266,000 to 240.393m and reduced the 2003/04 Revenue Budget by 2,390,000 to 255.604m;

(iii)noted those factors which required to be considered when setting the final Revenue Budget and Council Tax for 2002/03 and the revised indicative Revenue Budget and Council Tax for 2003/04 (referred to in paragraphs 8 to 16 of this report); and

(iv)noted that under the Council Tax Benefit Subsidy Limitation arrangements the Council would incur a financial penalty through a reduction in Council Tax Benefit Subsidy if it increased its Council Tax by more than 5% and 50 in 2002/03.

Thereafter, the Majority Group, Major Opposition Group and the Minority Group submitted their Review of Charges and Savings proposals.

The proposals were accepted by the Chief Executive and Director of Finance and remitted to the Finance Committee.

JULIE STURROCK, Convener.