Policy And Resources Committee - 10/02/2005

At a MEETING of the FINANCE COMMITTEE held at Dundee on 10th February 2005.

 

Present:-

 

Lord Provost John R LETFORD

 

 

 

BAILIES

 

C D P FARQUHAR

John CORRIGAN

Bruce D MACKIE

Helen WRIGHT

Neil I C POWRIE

Ian BORTHWICK

 

COUNCILLORS

 

Jill SHIMI

Fraser MACPHERSON

Joe MORROW

Kevin KEENAN

Helen DICK

Christina ROBERTS

George REGAN

Nigel DON

Jim BARRIE

Julia M STURROCK

Bob DUNCAN

Elizabeth F FORDYCE

Fiona M GRANT

Richard BEATTIE

Roderick A J WALLACE

Christopher HIND

Willie W SAWERS

Charles A WEBSTER

 

Joe FITZPATRICK

 

 

 

 

 

Councillor George REGAN, Convener, in the Chair.

 

The minute of meeting of this Committee of 17th January 2005 was held as read.

 

Unless marked thus * all items stand delegated.

 

I REVENUE BUDGET AND COUNCIL TAX 2005/06

 

With reference to Article I of the minute of meeting of the Policy and Resources Committee of 10th February 2005 there was submitted:-

 

(i) A letter dated 3rd February 2005 by the Depute Chief Executive (Support Services) regarding restrictions on voting in terms of Section 112 of the Local Government (Scotland) Act 1992,

 

(ii) Report No 120-2005 by the Depute Chief Executive (Finance).

 

The Committee gave consideration to the recommendations in Report No 120-2005 as far as its interests were concerned, and:-

 

(i) noted the procedure for setting the 2005/06 revenue budget and Council Tax as previously agreed by the Policy and Resources Committee on 17th January 2005 and set out in the appendix to the report;

 

(ii) noted the contents of the provisional 2005/2008 revenue budget volume;

 

(iii) noted those factors which required to be considered when setting the final revenue budget and Council Tax for 2005/06 as detailed in paragraphs 6.1 to 14.2 of the report; and

 

(iv) noted the latest position regarding the announcement of indicative Council Tax levels for 2006/07 and 2007/08 and set out in paragraphs 15.1 and 15.2 of the report.

 

Thereafter the Committee:-

 

(i) noted the contents of Report 120-2005 by the Depute Chief Executive (Finance), together with the estimates of revenue expenditure for the year from 1 April 2005 to 31 March 2006, as contained in the Provisional 2005/2008 Revenue Budget Volume;

 

(ii) approved the 2005/06 Revenue Budget, as detailed in the Budget Volume;

 

(iii) approved the 2005/06 Review of Charges, as detailed in the Review of Charges document, resulting in additional income of 347,000 that was already included in the Budget Volume;

 

(iv) approved the calculation of the Council Tax for 2005/06, as detailed in Appendix 1 appended hereto;

 

(v) agreed that the 2005/06 Band D Council Tax be determined at 1,180 and the Council Tax for each band be set as follows :-

 

2005/06 Council Tax Per Band

 

Council Tax Band

Factor

2005/06 Council Tax

 

 

A

6/9

786.67

B

7/9

917.78

C

8/9

1,048.89

D

9/9

1,180.00

E

11/9

1,442.22

F

13/9

1,704.44

G

15/9

1,966.67

H

18/9

2,360.00

 

(vi) agreed that indicative Council Tax levels for 2006/07 and 2007/08 be not announced at this time, in light of the possibility that the financial settlement for these years may be revised by the Scottish Executive.

 

 

 

GEORGE REGAN, Convener.

APPENDIX 1

 

REVENUE BUDGET & COUNCIL TAX CALCULATION 2005/06

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2005/06

 

 

 

 

 

 

 

 

000

 

 

 

 

 

 

 

 

 

 

Provisional Revenue Budget

 

 

 

 

281,890

 

 

 

 

 

 

 

 

 

 

Less Revenue Support Grant / NDRI

 

 

 

(225,973)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

55,917

 

 

 

 

 

 

 

 

 

 

Less Amount to be Met from Balances

 

 

 

(1,600)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

AMOUNT TO BE MET FROM COUNCIL TAX

 

 

54,317

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Council Tax Base (Band D Equivalent)

 

 

 

47,700

 

 

 

 

 

 

 

 

 

 

Less Provision for Non-Collection (3.5%)

 

 

 

(1,669)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ADJUSTED COUNCIL TAX BASE

 

 

 

46,031

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

COUNCIL TAX (BAND D)

 

 

 

 

1,180

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year-on-Year Increase in Council Tax

 

 

 

45

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

% Year-on-Year Increase

 

 

 

 

3.96

%