1. That approval be given to a council tax reduction of 3% for the Hammersmith & Fulham element for 2013/14.
2. That the council tax be set for 2013/14 for each category of dwelling, as calculated in accordance with Sections 31A to 49B of the Localism Act 2011, as outlined below and in full in Appendix A:
(a) The element of council tax charged for Hammersmith & Fulham Council will be £757.90 per Band D property in 2013/14.
(b) The element of council tax charged by the Greater London Authority will be confirmed on the 25th February and is expected to be £303.00per Band D property in 2013/14. A reduction of 1%.
(c) The overall Council Tax to be set will be £1,060.90 per Band D property in 2013/14.
|
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 |
505.27 |
589.48 |
673.69 |
757.90 |
926.32 |
1,094.74 |
1,263.17 |
1,515.80 |
|
b) GLA |
202.00 |
235.67 |
269.34 |
303.00 |
370.34 |
437.67 |
505.00 |
606.00 |
|
c) Total |
707.27 |
825.15 |
943.03 |
1,060.90 |
1,296.66 |
1,532.41 |
1,768.17 |
2,121.80 |
3. That the Council’s own total net expenditure budget for 2013/14 is set at £181.944m
4. That fees and charges are approved as set out in paragraph 5.2
5. That the budget projections made by the Executive Director of Finance and Corporate Governance to 2015/16 be noted.
6. That the statement made by the Executive Director of Finance and Corporate Governance under Section 25 of the Local Government Act 2003 regarding the adequacy of reserves and robustness of estimates be noted (section 14).
7. That the Executive Director of Finance and Corporate Governance be authorised 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 Schemes of Delegation.
8. That all Executive Directors be required to report monthly on their projected financial position compared to their revenue estimates (as part of the Corporate Monitoring Report).
9. That all Executive Directors be authorised to implement their service spending plans for 2013/14 in accordance with the recommendations within this report and the Council's Standing Orders, Financial Regulations and relevant Schemes of Delegation.
Members’ attention is drawn to S106 of the Local Government Finance Act 1992 which requires any Member who is two months or more in arrears on their Council Tax to declare their position and not to vote on any issue that could affect the calculation of the budget or Council Tax.