Decision details

Revenue Budget and Council Tax Levels 2020/21

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Decision:

That Council, for the reasons set out in this report and appendices, agree:

1.             To increase the Hammersmith & Fulham element of council tax by 1.99% for 2020/21.

2.             To apply central government’s modelled “adult social care precept” levy of 2% for 2020/21.

3.             To set council tax for 2020/21 for each category of dwelling, as calculated in accordance with Sections 31A to 49B of the Localism Act 2011, as outlined  in the table below and in full in Appendix A:

(a)       The element of council tax charged for Hammersmith & Fulham Council will be £792.42 per Band D property in 2020/21.

 

(b)        The overall Council Tax to be set at £1,119.34 per Band D property in 2020/21 as follows.


 

 

Category of Dwelling

A

B

C

D

E

F

G

H

Ratio

6/9
£

7/9
£

8/9
£

1
£

11/9
£

13/9
£

15/9
£

18/9
£

a) H&F

528.28

616.33

704.37

792.42

968.51

1,144.61

1,320.70

1,584.84

b) GLA 

217.95

254.27

290.60

326.92

399.57

472.22

544.87

653.84

c) Total

746.23

870.60

994.97

1,119.34

1,368.08

1,616.83

1,865.57

2,238.68

 

4.             To note the element of council tax charged by the Greater London Authority in accordance with Section 40 of the Local Government Finance Act 1992 will be £326.92 per Band D property in 2020/21.

5.             To set the Council’s own total net expenditure budget for 2020/21 at £121.003m.

6.             To approve £8.3m of new investment on key services for residents.

7.             To approve fees and charges as set out in paragraph 3.1 below including freezing charges in adult social care, children’s services and housing.

8.             To note the budget projections to 2023/24 made by the Strategic Director, Finance and Governance in consultation with the Strategic Leadership Team.

9.             To note the statement of the Strategic Director, Finance and Governance, under Section 25 of the Local Government Act 2003, regarding the adequacy of reserves and robustness of estimates (section 10).

10.          To approve the reserves strategy and realignment of reserves as set out in Appendix J and Appendix K.

11.          To authorise the Strategic Director, Finance and Governance to collect and recover National Non-Domestic Rate and Council Tax in accordance with the Local Government Finance Act 1988 (as amended), the Local Government Finance Act 1992 and the Council’s Scheme of Delegation.

12.          To require all Directors to report on their projected financial position compared to their revenue estimates in accordance with the Corporate Revenue Monitoring Report timetable.

13.          To authorise Directors to implement their service spending plans for 2020/21 in accordance with the recommendations within this report and the Council's Standing Orders, Financial Regulations, relevant Schemes of Delegation and undertake any further consultation required regarding the Equalities Impact Assessment.

Publication date: 04/02/2020

Date of decision: 03/02/2020

Decided at meeting: 03/02/2020 - Cabinet

Effective from: 07/02/2020

Accompanying Documents: