Agenda item

Financial Strategy, Budget 2022-23 and Medium-Term Financial Plan 2022-25, Capital Investment Strategy 2022-25 and Revised Capital Programme 2021-2025, Treasury Management Strategy 2022-2023 and Implementation of the 2022/2023 Pay Policy Statement

Minutes:

The Director: Governance and Communities submitted reports relating to: –

1. Financial Strategy, Budget 2022/23 and Medium-Term Financial Plan 2022/25,

2. Capital Investment Strategy 2022-25 and Revised Capital Programme 2021/2025,

3. Treasury Management Strategy 2022/2023, and the Director: Economy and Environment submitted the following report –

4. Implementation of the 2022/2023 Pay Policy Statement

Each of the above issues were addressed within separate reports. The first report set out the council’s financial strategy, and within that framework to seek approval for the budget 2022/23 and the Medium-Term Financial Plan 2022/25. The Financial Strategy supported the delivery of the Council Plan. The report provided assurance on the council’s financial resilience, confirmed that the estimates presented in the report were robust and that reserves were adequate. This met the requirements of section 25 of the Local Government Act 2003 and provided a basis for Council to set a balanced budget. The key decisions required in accordance with Section 31 to 52 of the Local Government Finance Act 1992 (and subsequent modifying legislation) were:

· To set the council’s revenue budget for 2022/23

· To set the Council Tax for 2022/23

· To approve an indicative medium term financial plan for 2022/25

The Director in her report addressed the above key issues with supporting appendices.

The Council also received a report from the Director of Governance and Communities seeking approval of the Council’s capital investment strategy 2022/25 which was attached as appendix 1, and the revised £137.7m capital investment for 2021/25 attached as appendix 2 The Capital Investment Strategy met the requirement of the Chartered Institute of Public Finance and Accountancy: Prudential Code for Capital Finance in Local Authorities. The report explained that the proposed plan for Capital Investment provided an affordable and agile approach to investment prioritisation that acted as a catalyst for investment in North Lincolnshire in support of the council plan, enhancing the quality of life for residents and ensures the safe and efficient operation of the council.

Also presented for Council’s consideration and approval by the Director was the council’s Treasury Management Strategy for 2022/23. The Treasury Management Strategy Statement was set out in appendix 2 of the report and reflected best practice and advice from the Council’s Treasury Advisors. The report also requested the Council to approvethe Treasury Management Policy Statement set out in appendix 1 of the report, proposed Prudential Indicators 2022-25, the policy on Minimum Revenue Provision, the Investment Counterparties and Limits and Maturity Structure of Borrowing Limits as referred to in the Strategy.

In addition, the implementation of the 2022/2023 Pay Policy Statement report submitted by the Director: Economy and Environment outlined and sought approval of the council’s Pay Policy Statement for 2021/22 in accordance with Section 38 of the Localism Act 2011. The statement must articulate a council’s own policy on a range of issues relating to the pay of its workforce, particularly its senior staff (or ‘chief officers’) and its lowest paid employees. Pay policy statements must be prepared for each financial year and must be approved annually by full Council.

Moved by Councillor R Waltham MBE and seconded by Councillor R Hannigan –

The Council is recommended to resolve as follows:

1 That the Council Tax and Adult Social Care Precept for 2022/23 be increased by 0.89% and 2% (inclusive of 1% deferred from 2021/22) respectively, as per:

· Revised Appendix 1 (Report 2(a)) (enclosed).

· Revised Appendix 2 (Report 2(a)) (table 1 enclosed).

· Revised Appendix 3 (Report 2(a)) (table 1 and 2 enclosed).

· Revised Appendix 4 (Report 2(a)) (enclosed).

2 That the recommendations contained within report 2(b) be approved and adopted.

3 That the recommendations contained within report 2(c) be approved and adopted.

4 That the recommendations contained within report 2(d) be approved and adopted.

TECHNICAL BUDGET RECOMMENDATIONSRevised Appendix 1 of Report 2(a)

That the following technical recommendations be approved:

1 That the general council tax band D rate be set at £1,418.91, which represents an increase of 0.89% from the total 2021/22 band D rate.

2 That the adult social care precept band D rate be set at £195.90, which represents an increase of 2.00% from the total 2021/22 band D rate.

3 At the meeting held on 14th December 2021 Council set the following amounts for the year 2022/23:

(a) 50,801.0 as its Council Tax Base for the year [Item T in the formula in Section 31B(3) of the Local Government Finance Act 1992, as amended by the Localism Act 2011 (the "Act"), and

(b) the Council Tax Base for each part of the area as shown in Revised Appendix 4 of report 2(a), column 2

4 That the following amounts for 2022/23, as required by the Local Government Finance Act 1992 as amended, be approved:

(a) £82,634,799 being the relevant basic amount of Council tax for 2022/23 (Council Tax requirement for the Council’s own purposes excluding parish precepts but including special expenses)

(b) £365,994,133 being the aggregate of the amounts which the Council estimates for the items set out in Section 31A(2) of the Act taking into account all precepts issued to it by Parish Councils (gross expenditure including parish precepts and special expenses)

(c) £281,658,645 being the aggregate of the amounts which the Council estimates for the items set out in Section 31A(3) of the Act (gross income)

(d) £84,335,488 being the amount by which the aggregate at (b) above exceeds the aggregate at (c) above, calculated by the Council in accordance with Section 31A(4) of the Act as its Council Tax requirement for the year (Item R in the formula in Section 31B(1) of the Act)

(e) £1,660.11 being the amount at (d) above (Item R), divided by Item T (5(a) above), calculated by the Council, in accordance with Section 31B(1) of the Act, as the basic amount of its Council Tax for the year (including Parish precepts) (Band D council tax including parish precepts and special expenses)

(f) £2,301,525 being the aggregate amount of all special items and Parish precepts referred to in Section 34(1) of the Act, as per Revised Appendix 4 of report 2(a) (Total of all Parish Precepts and Special Expenses)

(g) £1,614.81 being the amount at 4(e) above less the result given by dividing the amount at 4(f) above by Item T, 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 Parish precept relates

(h) £36.21 being the amounts to be added to the amount at 4(g) above being the amounts of the special item or items relating to dwellings in those parts of the Councils area mentioned above divided in each case by the amount at 3(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

5 That it be noted that for the year 2022/23 the Police and Crime Commissioner for Humberside and the Humberside Fire Authority have issued precepts to the Council in accordance with Section 40 of the Local Government Finance Act 1992 for each category of dwellings in the Council’s area as set out in Revised Appendix 4 of report 2(a).

6 That the Council, in accordance with Sections 30 and 36 of the Local Government Finance Act 1992, sets the aggregate amount of Council Tax for the year 2022/23 for each part of its area and for each of the categories of dwellings. This can be derived by combining major precepting authority precepts with individual parish or area precepts in Revised Appendix 4 of report 2(a).

7 That the Council’s basic amount of Council Tax for 2022/23 is not excessive in accordance with principles approved under Section 52ZB Local Government Finance Act 1992.

8 That the robustness of the estimates used in setting the level of council tax in accordance with the Local Government Act 2003 requirements (Part 2 Section 25 (1)(a) of the Act) be confirmed.

9 That the adequacy of reserves included in the budget is in accordance with the Local Government Act 2003 requirements (Part 2 Section 25 (1) (b) of the Act), and the policy for use of reserves as set out in Section 5 of the report and at Appendix 3 of report 2(a) be confirmed.

10 That the use of capital receipts flexibility be approved enabling spending charged to the revenue budget on service transformation to be capitalised as set out at Appendix 7 of report 2(a).

Revised Extract of Appendix 2 of Report 2(a)

MEDIUM TERM FINANCIAL PLAN

Table 1 – Estimate of Spending Power

2021/22 Approved £000's	FORECAST SPENDING POWER	2022/23 Proposed £000's	2023/24 Proposed £000's	2024/25 Proposed £000's

(1,909)	Use of Reserves	(2,369)	-	-

	SETTLEMENT FUNDING
(6,232)	Revenue Support Grant	(6,426)	(6,555)	(6,621)
(33,171)	NNDR Baseline Funding	(33,171)	(33,836)	(34,501)
(39,403)	Total Settlement Funding	(39,597)	(40,391)	(41,122)

	OTHER GENERAL FUNDING
(70,321)	Council Tax (0.89% 22/23, 1.99% 23/24 - 24/25)	(72,683)	(74,897)	(77,191)
(8,166)	Social Care Precept (2% 22/23, 1% 23/24 - 24/25)	(9,952)	(10,855)	(11,796)
1,356	Collection Fund Surplus (-) / Deficit (+): CTAX	(1,456)	455	-
(2,677)	Collection Fund Surplus (-) / Deficit (+): NNDR	(73)	921	-
(11,516)	NNDR Rate Retention Income	(14,777)	(17,675)	(18,065)
(206)	New Homes Bonus	(673)	-	-
(7,025)	Improved Better Care Fund	(7,237)	(7,025)	(7,025)
(216)	Rural Services Delivery Grant	(216)	(216)	(216)
(437)	DSG Central School Services	(437)	(437)	(437)
(5,559)	Social Care Grant	(7,614)	(7,614)	(7,614)
(252)	Lower Tier Services Grant	(266)	-	-
-	Market Sustainability and Fair Cost of Care Fund	(514)	(4,439)	(6,341)
-	2022/23 Services Grant	(2,287)	(2,287)	(2,287)
(9,435)	Public Health Grant	(9,700)	(9,894)	(10,092)
(114,455)	Total Base Funding	(127,885)	(133,963)	(141,064)

(155,767)	TOTAL CORE FUNDING	(169,851)	(174,354)	(182,186)

(7,070)	Covid-19 Funding	-	-	-

(162,837)	TOTAL FUNDING	(169,851)	(174,354)	(182,186)

162,837	NET OPERATING EXPENDITURE	169,851	178,215	187,517
-	Cost Reductions in Development	-	(3,861)	(5,331)

Revised Extract of Appendix 3 of Report 2(a)

RESERVE STATEMENT AND STRATEGY

Table 1 – Reserve Statement

2020/21 £000's	2021/22 £000's	REVENUE RESERVES	2022/23 £000's	2023/24 £000's	2024/25 £000's
Actual	Estimate	REVENUE RESERVES	Estimate	Estimate	Estimate

		Organisational Reserves
7,158	7,158	General Fund	8,420	8,764	9,158
30,326	28,417	Risk and Transformation	22,213	21,869	21,475
6,465	-	NNDR s. 31 grant funding (timing adj.)	-	-	-
1,752	1,659	Public Health	1,359	1,059	759
45,702	37,235	Total Organisational Reserves	31,993	31,693	31,393

		Earmarked Reserves
697	397	PPE	-	-	-
430	106	Adult Social Care	-	-	-
392	392	DSG - Delegated Items	392	392	392
273	263	Taxi Licensing	253	253	253
1,236	1,152	Other Earmarked Reserves	725	725	725
3,028	2,310	Total Earmarked Reserves	1,370	1,370	1,370

		Covid-19 Resources
3,608	255	Covid-19 LA Support	255	255	255
1,671	161	Contain Outbreak Management Fund	16	16	16
2,029	392	Business Support	392	392	392
762	200	Test & Trace	110	110	110
725	4,707	Other Covid-19 Resources	3,772	3,266	3,266
8,794	5,715	Total Covid-19 Resources	4,545	4,039	4,039

		Grant Reserves
917	611	Rural Mobility Grant	611	611	611
446	207	Syrian Resettlement Grant	-	-	-
372	183	Troubled Families Grant	183	183	183
359	359	Asylum Seekers (Children)	359	359	359
4,112	2,448	Other Grant Reserves	2,022	1,647	1,647
6,207	3,810	Total Grant Reserves	3,177	2,801	2,801

63,731	49,069	TOTAL COUNCIL RESERVES	41,084	39,903	39,603

		School Reserves
6,217	6,217	Schools Balances	6,217	6,217	6,217
3,860	3,860	Dedicated Schools Grant	4,202	4,202	4,202
10,077	10,077	Total School Reserves	10,419	10,419	10,419

73,808	59,146	TOTAL RESERVES	51,503	50,322	50,022

Table 2 – Risk, Recovery & Transformation Reserve Breakdown

2020/21 £000's	2021/22 £000's	RISK, RECOVERY & TRANSFORMATION	2022/23 £000's	2023/24 £000's	2024/25 £000's
Actual	Estimate	RISK, RECOVERY & TRANSFORMATION	Estimate	Estimate	Estimate

22,879	15,824	General	10,799	13,028	12,634
-	5,146	Identified MTFP Risk	2,573	-	-
1,452	1,452	Self-Insurance	1,452	1,452	1,452
5,995	5,995	NNDR Risk	7,389	7,389	7,389

30,326	28,417	TOTAL	22,213	21,869	21,475

Revised Appendix 4 of Report 2(a)

Parish and Major Precepting Authority Precepts 2022/23

				BAND (all figures in £)
Parish or Area		Taxbase	Precept (£)	A	B	C	D	E	F	G	H
Alkborough		167.9	6,152.00	24.43	28.50	32.57	36.64	44.78	52.93	61.07	73.28
Amcotts		78.5	4,429.00	37.61	43.88	50.15	56.42	68.96	81.50	94.03	112.84
Appleby		232.7	11,517.00	33.00	38.49	43.99	49.49	60.49	71.49	82.49	98.99
Ashby Parkland		239.6	4,500.00	12.52	14.61	16.69	18.78	22.95	27.13	31.30	37.56
Barnetby le Wold		553.7	25,000.00	30.10	35.12	40.13	45.15	55.18	65.22	75.25	90.30
Barrow on Humber		1,047.4	55,000.00	35.01	40.84	46.68	52.51	64.18	75.85	87.52	105.02
Barton upon Humber		3,763.7	165,950.00	29.39	34.29	39.19	44.09	53.89	63.69	73.49	88.18
Belton		1,202.0	39,000.00	21.63	25.24	28.84	32.45	39.66	46.87	54.08	64.89
Bonby		195.0	12,800.00	43.76	51.05	58.35	65.64	80.23	94.81	109.40	131.28
Bottesford		3,632.9	91,000.00	16.70	19.48	22.27	25.05	30.62	36.18	41.75	50.10
Brigg		1,734.8	120,620.64	46.35	54.08	61.80	69.53	84.98	100.43	115.88	139.06
Broughton		1,705.4	125,312.79	48.99	57.15	65.32	73.48	89.81	106.14	122.47	146.96
Burringham		214.8	17,079.00	53.01	61.84	70.68	79.51	97.18	114.85	132.52	159.02
Burton upon Stather		965.2	72,951.00	50.39	58.79	67.18	75.58	92.38	109.17	125.97	151.16
Cadney cum Howsham		155.8	6,000.00	25.67	29.95	34.23	38.51	47.07	55.63	64.18	77.02
Crowle		1,599.8	65,000.00	27.09	31.60	36.12	40.63	49.66	58.69	67.72	81.26
East Butterwick		42.6	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
East Halton		207.1	8,514.00	27.41	31.97	36.54	41.11	50.25	59.38	68.52	82.22
Eastoft		147.4	5,750.00	26.01	30.34	34.68	39.01	47.68	56.35	65.02	78.02
Elsham		172.3	8,000.00	30.95	36.11	41.27	46.43	56.75	67.07	77.38	92.86
Epworth		1,589.9	73,000.00	30.61	35.71	40.81	45.91	56.12	66.32	76.52	91.83
Flixborough		528.9	17,000.00	21.43	25.00	28.57	32.14	39.28	46.43	53.57	64.28
Garthorpe & Fockerby		142.0	9,000.00	42.25	49.30	56.34	63.38	77.46	91.55	105.63	126.76
Goxhill		814.0	77,183.00	63.21	73.75	84.28	94.82	115.89	136.96	158.03	189.64
Gunness		636.7	35,192.00	36.85	42.99	49.13	55.27	67.56	79.84	92.12	110.54
Haxey		1,695.7	39,221.54	15.42	17.99	20.56	23.13	28.27	33.41	38.55	46.26
Hibaldstow		813.4	20,000.00	16.39	19.12	21.86	24.59	30.05	35.52	40.98	49.18
Horkstow		58.0	1,800.00	20.69	24.14	27.59	31.03	37.93	44.83	51.72	62.07
Keadby with Althorpe		499.7	35,525.00	47.40	55.29	63.19	71.09	86.89	102.69	118.49	142.19
Kirmington & Croxton		129.8	11,625.00	59.71	69.66	79.61	89.56	109.46	129.37	149.27	179.12
Kirton in Lindsey		1,119.8	97,500.00	58.05	67.72	77.39	87.07	106.42	125.77	145.12	174.14
Luddington & Haldenby		119.4	6,000.00	33.50	39.08	44.67	50.25	61.42	72.59	83.75	100.50
Manton		43.6	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Melton Ross		72.3	4,800.00	44.26	51.64	59.01	66.39	81.14	95.90	110.65	132.78
Messingham		1,339.1	72,107.00	35.90	41.88	47.86	53.85	65.81	77.78	89.75	107.69
New Holland		254.0	14,000.00	36.75	42.87	48.99	55.12	67.37	79.62	91.86	110.24
North Killingholme		90.0	6,219.00	46.07	53.74	61.42	69.10	84.46	99.81	115.17	138.20
Owston Ferry		460.7	29,944.60	43.33	50.55	57.78	65.00	79.44	93.89	108.33	130.00
Redbourne		161.4	12,500.00	51.63	60.24	68.84	77.45	94.66	111.87	129.08	154.89
Roxby cum Risby		155.5	6,000.00	25.72	30.01	34.30	38.59	47.16	55.73	64.31	77.17
Saxby all Saints		91.0	6,850.00	50.18	58.55	66.91	75.27	92.00	108.73	125.46	150.55
Scawby cum Sturton		820.5	35,000.00	28.44	33.18	37.92	42.66	52.14	61.62	71.09	85.31
Scunthorpe	*	16,593.1	600,836.15	24.14	28.16	32.19	36.21	44.26	52.30	60.35	72.42
South Ferriby		213.4	12,473.00	38.97	45.46	51.95	58.45	71.44	84.43	97.41	116.90
South Killingholme		309.1	16,768.80	36.17	42.19	48.22	54.25	66.31	78.36	90.42	108.50
Thornton Curtis		102.9	2,614.00	16.94	19.76	22.58	25.40	31.05	36.69	42.34	50.81
Ulceby		577.9	20,000.00	23.07	26.92	30.76	34.61	42.30	49.99	57.68	69.22
West Butterwick		284.3	2,300.00	5.39	6.29	7.19	8.09	9.89	11.69	13.48	16.18
West Halton		117.2	4,861.00	27.65	32.26	36.87	41.48	50.69	59.91	69.13	82.95
Whitton		86.7	2,567.00	19.74	23.03	26.32	29.61	36.19	42.77	49.35	59.22
Winteringham		340.9	20,500.00	40.09	46.77	53.45	60.13	73.50	86.86	100.22	120.27
Winterton		1,380.7	116,116.87	56.07	65.41	74.76	84.10	102.79	121.48	140.17	168.20
Wootton		194.5	9,000.00	30.85	35.99	41.13	46.27	56.56	66.84	77.12	92.54
Worlaby		201.2	16,000.00	53.02	61.85	70.69	79.52	97.19	114.87	132.54	159.05
Wrawby		522.7	12,210.27	15.57	18.17	20.76	23.36	28.55	33.74	38.93	46.72
Wroot		182.4	10,235.00	37.41	43.64	49.88	56.11	68.58	81.05	93.52	112.23
		50,801.0	2,301,524.66

					BAND (all figures in £)
Major Precepting Authority			Taxbase	Precept (£)	A	B	C	D	E	F	G	H
North Lincolnshire Council		*	50,801.0	72,082,046.91	945.94	1,103.60	1,261.25	1,418.91	1,734.22	2,049.54	2,364.85	2,837.82
Adult Social Care Precept		*	50,801.0	9,951,915.90	130.60	152.37	174.13	195.90	239.43	282.97	326.50	391.80
Humberside Police			50,801.0	12,862,813.20	168.80	196.93	225.07	253.20	309.47	365.73	422.00	506.40
Humberside Fire Authority			50,801.0	4,577,678.11	60.07	70.09	80.10	90.11	110.13	130.16	150.18	180.22

*	Changed from Appendix 4 of report 2(a)

It was then moved by Councillor L Foster and seconded by Councillor A Davison as an amendment –

The Council is recommended to resolve as follows:

1 That the Council Tax and Adult Social Care Precept for 2022/23 be increased by 0% and 2% respectively, as per:

· Revised Appendix 1 (Report 2(a)) (enclosed).

· Revised Appendix 2 (Report 2(a)) (table 1 enclosed).

· Revised Appendix 3 (Report 2(a)) (table 1 and 2 enclosed).

· Revised Appendix 4 (Report 2(a)) (enclosed).

2 That the recommendations contained within report 2(b) be approved and adopted.

3 That the recommendations contained within report 2(c) be approved and adopted.

4 That the recommendations contained within report 2(d) be approved and adopted.

TECHNICAL BUDGET RECOMMENDATIONS Revised Appendix 1 of Report (2a)

That the following technical recommendations be approved:

1 That the general council tax band D rate be set at £1,404.94, which represents no change from the equivalent 2021/22 band D rate.

2 That the adult social care precept band D rate be set at £195.90, which represents an increase of 2.00% from the total 2021/22 band D rate.

3 At the meeting held on 14th December 2021 Council set the following amounts for the year 2022/23:

(a) 50,801.0 as its Council Tax Base for the year [Item T in the formula in Section 31B(3) of the Local Government Finance Act 1992, as amended by the Localism Act 2011 (the "Act"), and

(b) the Council Tax Base for each part of the area as shown in Revised Appendix 4 of report 2(a), column 2

4 That the following amounts for 2022/23, as required by the Local Government Finance Act 1992 as amended, be approved:

(a) £81,919,799 being the relevant basic amount of Council tax for 2022/23 (Council Tax requirement for the Council’s own purposes excluding parish precepts but including special expenses)

(c) £282,373,645 being the aggregate of the amounts which the Council estimates for the items set out in Section 31A(3) of the Act (gross income)

(d) £83,620,488 being the amount by which the aggregate at (b) above exceeds the aggregate at (c) above, calculated by the Council in accordance with Section 31A(4) of the Act as its Council Tax requirement for the year (Item R in the formula in Section 31B(1) of the Act)

(e) £1,646.04 being the amount at (d) above (Item R), divided by Item T (5(a) above), calculated by the Council, in accordance with Section 31B(1) of the Act, as the basic amount of its Council Tax for the year (including Parish precepts) (Band D council tax including parish precepts and special expenses)

(f) £2,296,215 being the aggregate amount of all special items and Parish precepts referred to in Section 34(1) of the Act, as per Revised Appendix 4 of report 2(a) (Total of all Parish Precepts and Special Expenses)

(g) £1,600.84 being the amount at 4(e) above less the result given by dividing the amount at 4(f) above by Item T, 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 Parish precept relates

(h) £35.89 being the amounts to be added to the amount at 4(g) above being the amounts of the special item or items relating to dwellings in those parts of the Councils area mentioned above divided in each case by the amount at 3(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

7 That the Council’s basic amount of Council Tax for 2022/23 is not excessive in accordance with principles approved under Section 52ZB Local Government Finance Act 1992.

8 That the robustness of the estimates used in setting the level of council tax in accordance with the Local Government Act 2003 requirements (Part 2 Section 25 (1)(a) of the Act) be confirmed.

10 That the use of capital receipts flexibility be approved enabling spending charged to the revenue budget on service transformation to be capitalised as set out at Appendix 7 of report 2(a).

Revised Extract of Appendix 2 of Report 2(a)

MEDIUM TERM FINANCIAL PLAN

Table 1 – Estimate of Spending Power

2021/22 Approved £000's	FORECAST SPENDING POWER	2022/23 Proposed £000's	2023/24 Proposed £000's	2024/25 Proposed £000's

(1,909)	Use of Reserves	(3,084)	-	-

	SETTLEMENT FUNDING
(6,232)	Revenue Support Grant	(6,426)	(6,555)	(6,621)
(33,171)	NNDR Baseline Funding	(33,171)	(33,836)	(34,501)
(39,403)	Total Settlement Funding	(39,597)	(40,391)	(41,122)

	OTHER GENERAL FUNDING
(70,321)	Council Tax (0% 22/23, 1.99% 23/24 - 24/25)	(71,968)	(74,162)	(76,436)
(8,166)	Social Care Precept (2% 22/23, 1% 23/24 - 24/25)	(9,952)	(10,848)	(11,782)
1,356	Collection Fund Surplus (-) / Deficit (+): CTAX	(1,456)	455	-
(2,677)	Collection Fund Surplus (-) / Deficit (+): NNDR	(73)	921	-
(11,516)	NNDR Rate Retention Income	(14,777)	(17,675)	(18,065)
(206)	New Homes Bonus	(673)	-	-
(7,025)	Improved Better Care Fund	(7,237)	(7,025)	(7,025)
(216)	Rural Services Delivery Grant	(216)	(216)	(216)
(437)	DSG Central School Services	(437)	(437)	(437)
(5,559)	Social Care Grant	(7,614)	(7,614)	(7,614)
(252)	Lower Tier Services Grant	(266)	-	-
-	Market Sustainability and Fair Cost of Care Fund	(514)	(4,439)	(6,341)
-	2022/23 Services Grant	(2,287)	(2,287)	(2,287)
(9,435)	Public Health Grant	(9,700)	(9,894)	(10,092)
(114,455)	Total Base Funding	(127,170)	(133,221)	(140,295)

(155,767)	TOTAL CORE FUNDING	(169,851)	(173,612)	(181,417)

(7,070)	Covid-19 Funding	-	-	-

(162,837)	TOTAL FUNDING	(169,851)	(173,612)	(181,417)

162,837	NET OPERATING EXPENDITURE	169,851	178,215	187,517
-	Cost Reductions in Development	-	(4,603)	(6,100)

Revised Extract of Appendix 3 of Report 2(a)

RESERVE STATEMENT AND STRATEGY

Table 1 – Reserve Statement

2020/21 £000's	2021/22 £000's	REVENUE RESERVES	2022/23 £000's	2023/24 £000's	2024/25 £000's
Actual	Estimate	REVENUE RESERVES	Estimate	Estimate	Estimate

		Organisational Reserves
7,158	7,158	General Fund	8,420	8,764	9,158
30,326	28,417	Risk and Transformation	21,498	21,154	20,760
6,465	-	NNDR s. 31 grant funding (timing adj.)	-	-	-
1,752	1,659	Public Health	1,359	1,059	759
45,702	37,235	Total Organisational Reserves	31,278	30,978	30,678

		Earmarked Reserves
697	397	PPE	-	-	-
430	106	Adult Social Care	-	-	-
392	392	DSG - Delegated Items	392	392	392
273	263	Taxi Licensing	253	253	253
1,236	1,152	Other Earmarked Reserves	725	725	725
3,028	2,310	Total Earmarked Reserves	1,370	1,370	1,370

		Covid-19 Resources
3,608	255	Covid-19 LA Support	255	255	255
1,671	161	Contain Outbreak Management Fund	16	16	16
2,029	392	Business Support	392	392	392
762	200	Test & Trace	110	110	110
725	4,707	Other Covid-19 Resources	3,772	3,266	3,266
8,794	5,715	Total Covid-19 Resources	4,545	4,039	4,039

		Grant Reserves
917	611	Rural Mobility Grant	611	611	611
446	207	Syrian Resettlement Grant	-	-	-
372	183	Troubled Families Grant	183	183	183
359	359	Asylum Seekers (Children)	359	359	359
4,112	2,448	Other Grant Reserves	2,022	1,647	1,647
6,207	3,810	Total Grant Reserves	3,177	2,801	2,801

63,731	49,069	TOTAL COUNCIL RESERVES	40,369	39,188	38,888

		School Reserves
6,217	6,217	Schools Balances	6,217	6,217	6,217
3,860	3,860	Dedicated Schools Grant	4,202	4,202	4,202
10,077	10,077	Total School Reserves	10,419	10,419	10,419

73,808	59,146	TOTAL RESERVES	50,788	49,607	49,307

Table 2 – Risk, Recovery & Transformation Reserve Breakdown

2020/21 £000's	2021/22 £000's	RISK, RECOVERY & TRANSFORMATION	2022/23 £000's	2023/24 £000's	2024/25 £000's
Actual	Estimate	RISK, RECOVERY & TRANSFORMATION	Estimate	Estimate	Estimate

22,879	15,824	General	10,084	12,313	11,919
-	5,146	Identified MTFP Risk	2,573	-	-
1,452	1,452	Self-Insurance	1,452	1,452	1,452
5,995	5,995	NNDR Risk	7,389	7,389	7,389

30,326	28,417	TOTAL	21,498	21,154	20,760

Revised Appendix 4 of Report 2(a)

Parish and Major Precepting Authority Precepts 2022/23

				BAND (all figures in £)
Parish or Area		Taxbase	Precept (£)	A	B	C	D	E	F	G	H
Alkborough		167.9	6,152.0	24.43	28.50	32.57	36.64	44.78	52.93	61.07	73.28
Amcotts		78.5	4,429.00	37.61	43.88	50.15	56.42	68.96	81.50	94.03	112.84
Appleby		232.7	11,517.00	33.00	38.49	43.99	49.49	60.49	71.49	82.49	98.99
Ashby Parkland		239.6	4,500.00	12.52	14.61	16.69	18.78	22.95	27.13	31.30	37.56
Barnetby le Wold		553.7	25,000.00	30.10	35.12	40.13	45.15	55.18	65.22	75.25	90.30
Barrow on Humber		1,047.4	55,000.00	35.01	40.84	46.68	52.51	64.18	75.85	87.52	105.02
Barton upon Humber		3,763.7	165,950.00	29.39	34.29	39.19	44.09	53.89	63.69	73.49	88.18
Belton		1,202.0	39,000.00	21.63	25.24	28.84	32.45	39.66	46.87	54.08	64.89
Bonby		195.0	12,800.00	43.76	51.05	58.35	65.64	80.23	94.81	109.40	131.28
Bottesford		3,632.9	91,000.00	16.70	19.48	22.27	25.05	30.62	36.18	41.75	50.10
Brigg		1,734.8	120,620.64	46.35	54.08	61.80	69.53	84.98	100.43	115.88	139.06
Broughton		1,705.4	125,312.79	48.99	57.15	65.32	73.48	89.81	106.14	122.47	146.96
Burringham		214.8	17,079.00	53.01	61.84	70.68	79.51	97.18	114.85	132.52	159.02
Burton upon Stather		965.2	72,951.00	50.39	58.79	67.18	75.58	92.38	109.17	125.97	151.16
Cadney cum Howsham		155.8	6,000.00	25.67	29.95	34.23	38.51	47.07	55.63	64.18	77.02
Crowle		1,599.8	65,000.00	27.09	31.60	36.12	40.63	49.66	58.69	67.72	81.26
East Butterwick		42.6	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
East Halton		207.1	8,514.00	27.41	31.97	36.54	41.11	50.25	59.38	68.52	82.22
Eastoft		147.4	5,750.00	26.01	30.34	34.68	39.01	47.68	56.35	65.02	78.02
Elsham		172.3	8,000.00	30.95	36.11	41.27	46.43	56.75	67.07	77.38	92.86
Epworth		1,589.9	73,000.00	30.61	35.71	40.81	45.91	56.12	66.32	76.52	91.83
Flixborough		528.9	17,000.00	21.43	25.00	28.57	32.14	39.28	46.43	53.57	64.28
Garthorpe & Fockerby		142.0	9,000.00	42.25	49.30	56.34	63.38	77.46	91.55	105.63	126.76
Goxhill		814.0	77,183.00	63.21	73.75	84.28	94.82	115.89	136.96	158.03	189.64
Gunness		636.7	35,192.00	36.85	42.99	49.13	55.27	67.56	79.84	92.12	110.54
Haxey		1,695.7	39,221.54	15.42	17.99	20.56	23.13	28.27	33.41	38.55	46.26
Hibaldstow		813.4	20,000.00	16.39	19.12	21.86	24.59	30.05	35.52	40.98	49.18
Horkstow		58.0	1,800.00	20.69	24.14	27.59	31.03	37.93	44.83	51.72	62.07
Keadby with Althorpe		499.7	35,525.00	47.40	55.29	63.19	71.09	86.89	102.69	118.49	142.19
Kirmington & Croxton		129.8	11,625.00	59.71	69.66	79.61	89.56	109.46	129.37	149.27	179.12
Kirton in Lindsey		1,119.8	97,500.00	58.05	67.72	77.39	87.07	106.42	125.77	145.12	174.14
Luddington & Haldenby		119.4	6,000.00	33.50	39.08	44.67	50.25	61.42	72.59	83.75	100.50
Manton		43.6	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Melton Ross		72.3	4,800.00	44.26	51.64	59.01	66.39	81.14	95.90	110.65	132.78
Messingham		1,339.1	72,107.00	35.90	41.88	47.86	53.85	65.81	77.78	89.75	107.69
New Holland		254.0	14,000.00	36.75	42.87	48.99	55.12	67.37	79.62	91.86	110.24
North Killingholme		90.0	6,219.00	46.07	53.74	61.42	69.10	84.46	99.81	115.17	138.20
Owston Ferry		460.7	29,944.60	43.33	50.55	57.78	65.00	79.44	93.89	108.33	130.00
Redbourne		161.4	12,500.00	51.63	60.24	68.84	77.45	94.66	111.87	129.08	154.89
Roxby cum Risby		155.5	6,000.00	25.72	30.01	34.30	38.59	47.16	55.73	64.31	77.17
Saxby all Saints		91.0	6,850.00	50.18	58.55	66.91	75.27	92.00	108.73	125.46	150.55
Scawby cum Sturton		820.5	35,000.00	28.44	33.18	37.92	42.66	52.14	61.62	71.09	85.31
Scunthorpe	*	16,593.1	595,526.36	23.93	27.91	31.90	35.89	43.87	51.84	59.82	71.78
South Ferriby		213.4	12,473.00	38.97	45.46	51.95	58.45	71.44	84.43	97.41	116.90
South Killingholme		309.1	16,768.80	36.17	42.19	48.22	54.25	66.31	78.36	90.42	108.50
Thornton Curtis		102.9	2,614.00	16.94	19.76	22.58	25.40	31.05	36.69	42.34	50.81
Ulceby		577.9	20,000.00	23.07	26.92	30.76	34.61	42.30	49.99	57.68	69.22
West Butterwick		284.3	2,300.00	5.39	6.29	7.19	8.09	9.89	11.69	13.48	16.18
West Halton		117.2	4,861.00	27.65	32.26	36.87	41.48	50.69	59.91	69.13	82.95
Whitton		86.7	2,567.00	19.74	23.03	26.32	29.61	36.19	42.77	49.35	59.22
Winteringham		340.9	20,500.00	40.09	46.77	53.45	60.13	73.50	86.86	100.22	120.27
Winterton		1,380.7	116,116.87	56.07	65.41	74.76	84.10	102.79	121.48	140.17	168.20
Wootton		194.5	9,000.00	30.85	35.99	41.13	46.27	56.56	66.84	77.12	92.54
Worlaby		201.2	16,000.00	53.02	61.85	70.69	79.52	97.19	114.87	132.54	159.05
Wrawby		522.7	12,210.27	15.57	18.17	20.76	23.36	28.55	33.74	38.93	46.72
Wroot		182.4	10,235.00	37.41	43.64	49.88	56.11	68.58	81.05	93.52	112.23
		50,801.0	2,296,214.87

					BAND (all figures in £)
Major Precepting Authority			Taxbase	Precept (£)	A	B	C	D	E	F	G	H
North Lincolnshire Council		*	50,801.0	71,372,356.94	936.63	1,092.73	1,248.84	1,404.94	1,717.15	2,029.36	2,341.57	2,809.88
Adult Social Care Precept		*	50,801.0	9,951,915.90	130.60	152.37	174.13	195.90	239.43	282.97	326.50	391.80
Humberside Police			50,801.0	12,862,813.20	168.80	196.93	225.07	253.20	309.47	365.73	422.00	506.40
Humberside Fire Authority			50,801.0	4,577,678.11	60.07	70.09	80.10	90.11	110.13	130.16	150.18	180.22

*	Changed from Appendix 4 of report 2(a)

Following completion of the debate on the budget the council proceeded to the vote.

Members were reminded that in accordance with the Local Authorities (Standing Orders) (England) (Amendment) Regulations 2014 immediately after any vote was taken at a budget meeting the voting shall be recorded in the minutes to show whether each member present votes for or against a decision or who abstained from voting.

(The vote was recorded by a show of hands by all members on the amendment and motion).

The names of members voting for, against and abstaining from the amendment are as follows:-

FOR: Councillors Ali, Armitage, Bainbridge, Ellerby, L Foster, Gosling, Grant, Kirk, O’Sullivan, Swift, Wilson and Yeadon

AGAINST:Councillors Armiger, Briggs, Clark, J Davison, England, Evison, T Foster, Hannigan, Lee, Longcake, Marper, Mitchell, Ogg, Poole, Reed, Robinson, Rose, Rowson, C Sherwood, N Sherwood, K Vickers, P Vickers, Walshe, Waltham MBE and Wells.

ABSTAINING: Nil

Amendment Lost

The names of members voting for, against and abstaining from the motion are as follows :–

FOR: Councillors Armiger, Briggs, Clark, J Davison, England Evison, T Foster, Hannigan, Lee, Longcake, Marper, Mitchell, Ogg, Poole, Reed, Robinson, Rose, Ross, Rowson, C Sherwood, N Sherwood, K Vickers, P Vickers, Walshe, Waltham MBE and Wells.

AGAINST: Councillors Ali, Armitage, Bainbridge, Ellerby, L Foster, Gosling, Grant, Kirk, O’Sullivan, Southern, Swift, Wilson and Yeadon

ABSTAINING: Nil

Supporting documents:

Agenda Item 2 (a) Financial Strategy, Budget 22-23 & Medium Term Financial Plan 22-25, item 2833. PDF 519 KB