Agenda item

That the Revenue Estimates for 2007/08 totalling £505.223m, as detailed and explained in the submitted report and accompanying papers be approved, including a 4.5% increase in the Leeds’ element of the Council Tax.

 

(ii)  Council Tax

 

1  That it be noted that at the meeting on 17^th January 2007, Council agreed the following amounts for the year 2007/08, in accordance with regulations made under Sections 33(5) and 34(4) of the Local Government Finance Act 1992:-

 

a)   230,113 being the amount calculated by the Council, in accordance with Regulation 3 of the Local Authorities (Calculation of Council Tax Base) Regulations 1992 (as amended) as its Council Tax base for the year.

 

b) 

 

being the amounts calculated by the Council in accordance with Regulation 6 of the Regulations, as the amounts of its Council Tax base for the year for dwellings in those parts of its area to which one or more special items relate.

 

2  That the following amounts be now calculated by the Council for the year 2007/08 in accordance with Sections 32 to 36 of the Local Government Finance Act 1992:-

 

a) £2,357,617,222.50  being the aggregate of the amounts which the Council estimates for the items set out in Section 32(2)(a) to (e) of the Act.

 

b) £1,851,122,000  being the aggregate of the amounts which the Council estimates for the items set out in Section 32(3)(a) to (c) of the Act.

 

c) £506,495,222.50  being the amount by which the aggregate at 5.2(a) above exceeds the aggregate at 5.2(b) above, calculated by the Council, in accordance with Section 32(4) of the Act, as its budget requirement for the year.

 

d) £271,390,671  being the aggregate of the sums which the Council estimates will be payable for the year into its general fund in respect of redistributed Non-Domestic Rates and Revenue Support Grant, increased by the amount which the Council estimates will be transferred from its Collection Fund into its General Fund under Section 97(3) of the Local Government Finance Act 1988 and reduced by the amount which the Council estimates will be  transferred from its Collection Fund to its General Fund pursuant to the Collection Fund (Community Charges) (England) Directions 1994.

 

e) £1,021.691741  being the amount at 2(c) above, less the amount at 2(d) above, all divided by the amount at 1(a) above, calculated by the Council, in accordance with Section 33(1) of the Act, as the basic amount of its Council Tax for the year.

 

f)  £1,272,222.50  being the aggregate amount of all special items referred to in Section 34(1) of the Act.

 

 

g)  £1,016.16  being the amount at 2(e) above, less the result given by dividing the amount at 2(f) above by the amount at 1(a) above, calculated by the Council, in accordance with Section 34(2) of the Act, as the basic amount of its Council Tax for the year for dwellings in those parts of its area to which no special item relates.

h) 

 

 

being the amounts given by adding to the amount at 2(g) above the amounts of the special item or items relating to dwellings in those parts of the Council’s area mentioned above divided in each case by the amount at 1(b) above, calculated by the Council, in accordance with Section 34(3) of the Act, as the basic amounts of its Council Tax for the year for dwellings in those parts of its area to which one or more special items relate.

 

i)

 

 

being the amounts given by multiplying the amounts at 2(g) and 2(h) above by the number which, in the proportion set out in Section 5(1) of the Act, is applicable to dwellings listed in a particular valuation band divided by the number which in that proportion is applicable to dwellings listed in Valuation Band D, calculated by the Council, in accordance with Section 36(1) of the Act, as the amounts to be taken into account for the year in respect of categories of dwellings listed in different valuation bands.

 

3  Thatit be noted for the year 2007/08 that the West Yorkshire Police and West Yorkshire Fire and Civil Defence Authorities are expected to issue the following precepts to the Council in accordance with Section 40 of the Local Government Finance Act 1992, for each of the categories of dwellings shown below. Both authorities meet to finalise their budgets and Council Taxes on 16^th February 2007.

 

 

 

4  That, having calculated the aggregate in each case of the amounts at 2(i) and 3, above, the Council, in accordance with Section 30(2) of the Local Government Finance Act 1992, hereby sets the following amounts as the amounts of Council Tax for the year 2007/08 for each of the categories of dwellings shown below:

 

 

 

5  That the schedule of instalments for 2007/08 for payments to the principal authorities out of the Collection Fund be determined as set out in Appendix II of the submitted report.

 

(iii)  Housing Revenue Account Budget 2007/08

 

(a)  That the budget be approved and to meet the Department for Communities and Local Government’s requirements to keep average rent increases to 5% pro rata reductions in all tenants rents be applied to the rent restructuring figure of 7.3%.

(b)  That service charges be increased in line with the average rent rises

(c)  That the charges for garage rents be increased to £5.25 per week

(d)  That the reserve of £2m established to cover the risk of not meeting the subsidy trigger be released and a virement of £1.369m be actioned to reflect the increase in MRA as detailed in paragraph 3.2.3 of the report

 

(iv)  Capital Programme 2005 to 2009

 

  That the capital programme as attached to the submitted report be approved

 

(v)  Treasury Management Policy and Strategy Statements

 

(a)  That the setting  of borrowing limits for 2007/08, 2008/09 and 2009/10 as set out in Section 3.3 of the submitted report be approved

 

(b)  That the setting of treasury management indicators for 2007/08, 2008/09 and 2009/10 as set out in Section 3.4 of the report be approved

 

(c)  That the setting of investment limits for 2007/08, 2008/09 and 2009/10 as set out in Section 3.5 of the report be approved.

 

(d)  That the Treasury Management Policy Statement be reaffirmed, noting the amendments to Section 7 thereof

 

A CARTER

 

Under the provisions of Council Procedure Rule 14.10 Councillor A Carter sought leave of Council in moving the motion to delete from paragraph (ii) 3 the words which were in bold type and underlined as notified in the Council Summons and to replace them with the words “have issued” between the words “Authorities” and “the following precepts”.

 

The amended motion was seconded by Councillor Harris.

 

(i)  Revenue Budget

 

That the Revenue Estimates for 2007/08 totalling £505,233,000, as detailed and explained in the submitted report and accompanying papers be approved, including a 4.5% increase in the Leeds’ element of the Council Tax.

 

  (ii)  Council Tax

 

1.  That it be noted that at the meeting on 17^th January 2007, Council agreed the following amounts for the year 2007/08, in accordance with regulations made under Sections 33(5) and 34(4) of the Local Government Finance Act 1992:-

 

a)   230,113 being the amount calculated by the Council, in accordance with Regulation 3 of the Local Authorities (Calculation of Council Tax Base) Regulations 1992 (as amended) as its Council Tax base for the year.

 

b) 

 

being the amounts calculated by the Council in accordance with Regulation 6 of the Regulations, as the amounts of its Council Tax base for the year for dwellings in those parts of its area to which one or more special items relate.

 

2.  That the following amounts be now calculated by the Council for the year 2007/08 in accordance with Sections 32 to 36 of the Local Government Finance Act 1992:-

 

a) £2,357,617,222.50  being the aggregate of the amounts which the Council estimates for the items set out in Section 32(2)(a) to (e) of the Act.

 

b) £1,851,122,000  being the aggregate of the amounts which the Council estimates for the items set out in Section 32(3)(a) to (c) of the Act.

 

c) £506,495,222.50  being the amount by which the aggregate at 2(a) above exceeds the aggregate at 2(b) above, calculated by the Council, in accordance with Section 32(4) of the Act, as its budget requirement for the year.

 

d) £271,390,671  being the aggregate of the sums which the Council estimates will be payable for the year into its general fund in respect of redistributed Non-Domestic Rates and Revenue Support Grant, increased by the amount which the Council estimates will be transferred from its Collection Fund into its General Fund under Section 97(3) of the Local Government Finance Act 1988 and reduced by the amount which the Council estimates will be  transferred from its Collection Fund to its General Fund pursuant to the Collection Fund (Community Charges) (England) Directions 1994.

 

e) £1,021.691741  being the amount at 2.(c) above, less the amount at 2.(d) above, all divided by the amount at 1.(a) above, calculated by the Council, in accordance with Section 33(1) of the Act, as the basic amount of its Council Tax for the year.

 

f)  £1,272,222.50  being the aggregate amount of all special items referred to in Section 34(1) of the Act.

 

g)  £1,016.16  being the amount at 2.(e) above, less the result given by dividing the amount at 2.(f) above by the amount at 1.(a) above, calculated by the Council, in accordance with Section 34(2) of the Act, as the basic amount of its Council Tax for the year for dwellings in those parts of its area to which no special item relates.

h) 

 

 

being the amounts given by adding to the amount at 2.(g) above the amounts of the special item or items relating to dwellings in those parts of the Council’s area mentioned above divided in each case by the amount at 1.(b) above, calculated by the Council, in accordance with Section 34(3) of the Act, as the basic amounts of its Council Tax for the year for dwellings in those parts of its area to which one or more special items relate.

i)

 

 

being the amounts given by multiplying the amounts at 2(g) and 2(h) above by the number which, in the proportion set out in Section 5(1) of the Act, is applicable to dwellings listed in a particular valuation band divided by the number which in that proportion is applicable to dwellings listed in Valuation Band D, calculated by the Council, in accordance with Section 36(1) of the Act, as the amounts to be taken into account for the year in respect of categories of dwellings listed in different valuation bands.

 

  3  That it be noted for the year 2007/08 that the West Yorkshire Police and West Yorkshire Fire and Civil Defence Authorities have issued the following precepts to the Council in accordance with Section 40 of the Local Government Finance Act 1992, for each of the categories of dwellings shown below.

 

 

4  That, having calculated the aggregate in each case of the amounts at 2.(i) and 3, above, the Council, in accordance with Section 30(2) of the Local Government Finance Act 1992, hereby sets the following amounts as the amounts of Council Tax for the year 2007/08 for each of the categories of dwellings shown below:

 

 

 

5  That the schedule of instalments for 2007/08 for payments to the principal authorities out of the Collection Fund be determined as set out in Appendix II of the submitted report

 

(iii)  Housing Revenue Account Budget 2007/08

 

(a)  That the budget be approved and to meet the Department for Communities and Local Government’s requirements to keep average rent increases to 5% pro rata reductions in all tenants rents be applied to the rent restructuring figure of 7.3%.

 

(b)  That service charges be increased in line with the average rent rises

 

(c)  That the charges for garage rents be increased to £5.25 per week

 

(d)  That the reserve of £2m established to cover the risk of not meeting the subsidy trigger be released and a virement of £1.369m be actioned to reflect the increase in MRA as detailed in paragraph 3.2.3 of the report

 

(iv)  Capital Programme2006/7 to 2010/11

 

  That the capital programme as attached to the submitted report be approved

 

(v)  Treasury Management Policy and Strategy Statements

 

(a)  That the setting  of borrowing limits for 2007/08, 2008/09 and 2009/10 as set out in Section 3.3 of the submitted report be approved

 

(b)  That the setting of treasury management indicators for 2007/08, 2008/09 and 2009/10 as set out in Section 3.4 of the report be approved

 

(c)  That the setting of investment limits for 2007/08, 2008/09 and 2009/10 as set out in Section 3.5 of the report be approved.

 

(d)  That the Treasury Management Policy Statement be reaffirmed, noting the amendments to Section 7 thereof

 

An amendment was moved by Councillor Wakefield seconded by Councillor R Lewis

 

1.  In 5 (i), after “£505,223,000” substitute “£506,123,000” and after the words “be approved” add:

 

“subject to amendments to the Council’s estimates for 2007/08 as set out below:

 

(a)  an increase in the Neighbourhoods and Housing budget of £100,000

(b)  an increase in the Social Services budget of £2,050,000

(c)  an increase in the Learning and Leisure budget of £230,000

 

(d)  an increase in the City Services budget of £100,000

 

(e)  a decrease in the Chief Executive’s budget of £1,080,000

(f)  a decrease in the Education budget of £500,000

 

2.  In 5 (ii) 2 (a) delete “£2,357,617,222.50” and substitute £2,358,517,222.50”

3.  In 5 (ii) 2 (c) delete “£506,495,222.50” and substitute “£507,395,222.50”

4.  In 5 (ii) 2 (e) delete “£1,021.691741” and substitute “£1,025.602862”

5.  In 5 (ii) 2 (g) delete “£1,016.16” and substitute “£1,020.07”

6.  That subject to the approval of 1 to 5 above, consequential amendments be made to 5 (ii) 2 (h) and 5 (ii) 2 (i)

7.  In 5 (iv) (a) after the words “be approved”, add:

“subject to an increase in the Programme of £1.8m, and a corresponding increase in unsupported borrowing of £1.8m.”

 

 

The amendment was declared lost and upon the motion being put to the vote it was

 

RESOLVED –

 

(i)  Revenue Budget

 

That the Revenue Estimates for 2007/08 totalling £505,223,000, as detailed and explained in the submitted report and accompanying papers be approved, including a 4.5% increase in the Leeds’ element of the Council Tax.

 

 

 

 

  (ii)  Council Tax

 

1.  That it be noted that at the meeting on 17^th January 2007, Council agreed the following amounts for the year 2007/08, in accordance with regulations made under Sections 33(5) and 34(4) of the Local Government Finance Act 1992:-

 

a)   230,113 being the amount calculated by the Council, in accordance with Regulation 3 of the Local Authorities (Calculation of Council Tax Base) Regulations 1992 (as amended) as its Council Tax base for the year.

 

b) 

 

being the amounts calculated by the Council in accordance with Regulation 6 of the Regulations, as the amounts of its Council Tax base for the year for dwellings in those parts of its area to which one or more special items relate.

 

2.  That the following amounts be now calculated by the Council for the year 2007/08 in accordance with Sections 32 to 36 of the Local Government Finance Act 1992:-

 

a) £2,357,617,222.50  being the aggregate of the amounts which the Council estimates for the items set out in Section 32(2)(a) to (e) of the Act.

b) £1,851,122,000  being the aggregate of the amounts which the Council estimates for the items set out in Section 32(3)(a) to (c) of the Act.

 

c) £506,495,222.50  being the amount by which the aggregate at 2(a) above exceeds the aggregate at 2(b) above, calculated by the Council, in accordance with Section 32(4) of the Act, as its budget requirement for the year.

 

d) £271,390,671  being the aggregate of the sums which the Council estimates will be payable for the year into its general fund in respect of redistributed Non-Domestic Rates and Revenue Support Grant, increased by the amount which the Council estimates will be transferred from its Collection Fund into its General Fund under Section 97(3) of the Local Government Finance Act 1988 and reduced by the amount which the Council estimates will be  transferred from its Collection Fund to its General Fund pursuant to the Collection Fund (Community Charges) (England) Directions 1994.

 

e) £1,021.691741  being the amount at 2.(c) above, less the amount at 2.(d) above, all divided by the amount at 1.(a) above, calculated by the Council, in accordance with Section 33(1) of the Act, as the basic amount of its Council Tax for the year.

 

f)  £1,272,222.50  being the aggregate amount of all special items referred to in Section 34(1) of the Act.

 

g)  £1,016.16  being the amount at 2.(e) above, less the result given by dividing the amount at 2.(f) above by the amount at 1.(a) above, calculated by the Council, in accordance with Section 34(2) of the Act, as the basic amount of its Council Tax for the year for dwellings in those parts of its area to which no special item relates.

h) 

 

 

being the amounts given by adding to the amount at 2.(g) above the amounts of the special item or items relating to dwellings in those parts of the Council’s area mentioned above divided in each case by the amount at 1.(b) above, calculated by the Council, in accordance with Section 34(3) of the Act, as the basic amounts of its Council Tax for the year for dwellings in those parts of its area to which one or more special items relate.

i)

 

 

being the amounts given by multiplying the amounts at 2(g) and 2(h) above by the number which, in the proportion set out in Section 5(1) of the Act, is applicable to dwellings listed in a particular valuation band divided by the number which in that proportion is applicable to dwellings listed in Valuation Band D, calculated by the Council, in accordance with Section 36(1) of the Act, as the amounts to be taken into account for the year in respect of categories of dwellings listed in different valuation bands.

 

  3  That it be noted for the year 2007/08 that the West Yorkshire Police and West Yorkshire Fire and Civil Defence Authorities have issued the following precepts to the Council in accordance with Section 40 of the Local Government Finance Act 1992, for each of the categories of dwellings shown below.

 

4  That, having calculated the aggregate in each case of the amounts at 2.(i) and 3, above, the Council, in accordance with Section 30(2) of the Local Government Finance Act 1992, hereby sets the following amounts as the amounts of Council Tax for the year 2007/08 for each of the categories of dwellings shown below:

 

 

5  That the schedule of instalments for 2007/08 for payments to the principal authorities out of the Collection Fund be determined as set out in Appendix II of the submitted report

 

(iii)  Housing Revenue Account Budget 2007/08

 

(a)  That the budget be approved and to meet the Department for Communities and Local Government’s requirements to keep average rent increases to 5% pro rata reductions in all tenants rents be applied to the rent restructuring figure of 7.3%.

 

(b)  That service charges be increased in line with the average rent rises

 

(c)  That the charges for garage rents be increased to £5.25 per week

 

(d)  That the reserve of £2 million established to cover the risk of not meeting the subsidy trigger be released and a virement of £1.369 million be actioned to reflect the increase in MRA as detailed in paragraph 3.2.3 of the report

 

(iv)  Capital Programme 2006/7 to 2010/11

 

  That the capital programme as attached to the submitted report be approved

 

(v)  Treasury Management Policy and Strategy Statements

 

(a)  That the setting  of borrowing limits for 2007/08, 2008/09 and 2009/10 as set out in Section 3.3 of the submitted report be approved

 

(b)  That the setting of treasury management indicators for 2007/08, 2008/09 and 2009/10 as set out in Section 3.4 of the report be approved

 

(c)  That the setting of investment limits for 2007/08, 2008/09 and 2009/10 as set out in Section 3.5 of the report be approved.

 

(d)  That the Treasury Management Policy Statement be reaffirmed, noting the amendments to Section 7 thereof

 

On the requisition of Councillors Hanley and Selby the voting was recorded as follows:-

 

On the amendment in Councillor Wakefield’s name

 

YES

 

Armitage, Atha, Atkinson, Blake, Congreve, Coulson, Coupar, Davey, Dowson, Driver, Dunn, Gabriel, Grahame, Gruen, S Hamilton, Hanley, Harington, Harper, Harrison, G Hyde, Illingworth, Jarosz, J Lewis, R Lewis,

Lowe, Lyons, McKenna, Minkin, Morgan, Murray, Nash, Ogilvie, Parker, Rafique, Renshaw, Selby, Wakefield

 

  37

 

NO

 

Akhtar, Anderson, Andrew, Bale, Barker, Bentley, A Blackburn, D Blackburn, Brett, Campbell, A Carter, Mrs A Carter, Castle, Chapman, Cleasby, Downes, Elliott, Ewens, Mrs R Feldman, R D Feldman, Finnigan, Fox, Golton, Grayshon, M Hamilton, Harker, Harrand, Harris, Hollingsworth, Hussain, W Hyde, Jennings, Kendall, Kirkland,Lancaster, Latty, Lobley, McArdle, Millard, Monaghan, Morton, Phillips, J Procter, R Procter, Pryke, Rhodes-Clayton, Robinson, Russell, Schofield, Shelbrooke, Smith, Taylor, Wadsworth, Wilkinson, Wilson

 

  55

 

ABSTAIN

 

Beverley

 

  1

 

On the Motion

 

YES

 

Akhtar, Anderson, Andrew, Bale, Barker, Bentley, A Blackburn, D Blackburn, Brett, Campbell, A Carter, Mrs A Carter, Castle, Chapman, Cleasby, Downes, Elliott, Ewens, Mrs R Feldman, R D Feldman, Finnigan, Fox, Golton, Grayshon, M Hamilton, Harker, Harrand, Harris, Hollingsworth, Hussain, W Hyde, Jennings, Kendall, Kirkland,Lancaster, Latty, Lobley, McArdle, Millard, Monaghan, Morton, Phillips, J Procter, R Procter, Pryke, Rhodes-Clayton, Robinson, Russell, Schofield, Shelbrooke, Smith, Taylor, Wadsworth, Wilkinson, Wilson

 

  55

 

NO

 

Atkinson, Coulson, Lyons

 

  3

 

ABSTAIN

 

Armitage, Atha, Beverley, Blake, Congreve, Coupar, Davey, Dowson, Driver, Dunn, Gabriel, Grahame, Gruen, S Hamilton, Hanley, Harington, Harper, Harrison, G Hyde, Illingworth, Jarosz, J Lewis, R Lewis,

Lowe,  McKenna, Minkin, Morgan, Murray, Nash, Ogilvie, Parker, Rafique, Renshaw, Selby,

 

  34

 

(The meeting was suspended at 5.45 pm and resumed at 6.20 pm)