Decision details

2022/23 Cabinet Revenue Budget

Decision Maker: Council Meeting

Is Key decision?: Yes

Is subject to call in?: No


The purpose of the report is to present the 2022/23 Cabinet Revenue Budget for approval. It also outlines the Council’s financial outlook and significant challenges across the medium term period 2022/23 to 2024/25 as our response and recovery from the pandemic continues. The report highlights the overarching priorities and desired outcomes upon which the Cabinet has based its budget proposals, and which form the basis of the updated Council Plan included elsewhere on this agenda.


The Council Meeting has:-


·         Approved the Budget for 2022/23 described in the report and set out in Appendix 2 and 3;

·         Noted the risk assessment of the 2022/23 Budget at Appendix 5 and the report of the Section 151 Officer on the adequacy of proposed financial reserves and robustness of the estimates also included at Appendix 5;

·         Approved the required Council General Fund Balance to reflect the Section 151 Officer assessment of risks;

·         Noted and approves the financial forecasts and assumptions for 2022/23 to 2024/25 at Appendix 6, and the key issues to be addressed in formulating a response to the future financial challenges facing the Council; and

·         Passed the appropriate Council Tax resolutions which produce a Council Tax increase of 3.5% in 2022/23 (1% General increase, 1% Adult Social Care Precept increase and 1.5 deferred 2021/22 Adult Social Care Precept increase) as illustrated in Appendix 7.


Subject to:-


·         Funding the ‘general’ increase in council tax for the worst off in our borough by a cost of living rebate in 2022/23. This would be given to all those living in properties in council tax band A to D.

·         Funding this by using £1.599m from general reserves in 2022/23.

·         The Cabinet being recommended to ensure that those residents in bands E to H properties but on low incomes are duly considered for the discretionary funding which is being made available by Government for those in need of support.

Alternative options considered:

To pass the budget without amendment.

Interests and Nature of Interests Declared:


Reason Key: Affects 2 or more wards;

Wards Affected: (All Wards);

Equality and/or Environmental Impact Assessment: As part of the 2022/23 budget setting process

Decision Reference: CDM211

Declarations or conflicts of Interest: None.

Forward Plan Reference: LDR98/ RCG44

Other reasons / organisations consulted

As part of the 2022/23 budget setting process

Contact: Jonathan Davies, Corporate and Support Services Email: Tel: 218 1025.

Report author: Administrator

Publication date: 04/03/2022

Date of decision: 24/02/2022

Decided at meeting: 24/02/2022 - Council Meeting

Accompanying Documents: