129 Revenue Budget and Precept 2019/20 and Capital Programme 2019/20 - 2021/22 PDF 253 KB
To consider the recommendations of Cabinet for the Revenue Budget and Precept for 2019/20 and the Capital Programme for 2019/20 to 2021/22.
Additional documents:
Minutes:
The Leader introduced the Revenue Budget and Precept for 2018/19 and the Capital Programme for the period 2019/20 to 2021/22 (Item 9 in the Minute Book), and moved the recommendations. Councillor Mel Kendal, the Executive Member for Economic Development presented the report.
A correction was noted to Appendix 8: Treasury Management Strategy Statement, page 124 of the Agenda pack – in the table detailing a balance sheet summary and forecast, the figures for Street Lighting PFI and Waste Management Contract have been transposed, which does not change the calculations in the table nor does it impact on any other numbers in the report.
In commending the revenue budget proposals the
Executive Member for Economic Development highlighted revenue items
linked to the development of capital investment priorities
totalling £2.9m together with approvals associated with the
Manydown development site; the Reserves
Strategy underpinning the provision of funding for the
transformation of services; the setting aside of contingency sums
for use on a one-off basis later in the year totalling £19m,
and outlined the County Council’s approach to the mitigation
of risk in regard to investments.
The Executive Member reported that social care services continue to
be the highest risk area of the Council’s budget. The Council’s Reserve Strategy therefore
provides time for the transformation of these services to be
successfully planned, developed and delivered.
In regard to the Capital Programme, the
Executive Member drew Members’ attention to the
recommendation for an increase to the Capital Programme of
£32.869m for further infrastructure works and
the by-pass at Botley.
£491.6m for the delivery
of schemes over the three year period 2019/20 to 2021/22 follows a
revised Programme of £328.4m for 2018/19 providing a boost to
the local economy, which represents a significant investment in
Hampshire’s infrastructure.
In conclusion, the Executive Member reported that the Revenue
Budget and the Capital Programme together enables the continuing
provision of essential services to residents, and a stable platform
to consider forthcoming challenges to 2021.
The full opening debate speech of the
Executive Member for Economic Development is appended to these
Minutes.
Opposition Group Leaders responded to the
proposals. During the course of a full debate, views in support of,
or raising concern, about the proposals were expressed. No
Amendments were moved therefore the recommendations were put to the
vote in accordance with Standing Order 22.2, the outcome of which
was recorded as follows:
FOR - 51
Councillors: John Bennison, Fred Birkett, Ray Bolton, Jackie
Branson, Ziliah Brooks, Graham Burgess,
Adam Carew, Fran Carpenter, Christopher Carter, Roz Chadd, Rod Cooper, Roland Dibbs, Peter Edgar, Keith
Evans, Liz Fairhurst, Steve Forster,
Andrew Gibson, Jonathan Glen, Judith Grajewski, Marge Harvey, Pal Hayre, Edward Heron, Gary Hughes, Rob Humby, Roger Hexstep,
Andrew Joy, David Keast, Mark Kemp-Gee,
Mel Kendal, Peter Latham, Keith Mans, Alexis McEvoy, Anna McNair
Scott, Derek Mellor, Floss Mitchell, Rob Mocatta, Kirsty North, Russell Oppenheimer, Neville
Penman, Roy Perry, Lance Quantrill, Stephen Reid, Patricia
Stallard, Robert Taylor, Tom Thacker,
...
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