Presented by Cllr Clarence Barrett Cabinet Member for Financial Management ICT Client and Transformation Upminster amp Cranham Residents Association February 2017 1 The Councils Revenue Budget ID: 543541
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Havering Council Budget & Council Tax 2016/17
Presented by Cllr Clarence BarrettCabinet Member for Financial Management, ICT (Client) and TransformationUpminster & Cranham Residents’ AssociationFebruary 2017
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The Council’s Revenue Budget
Net Expenditure
£’m
Planning & Regeneration
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StreetCare
17
Education39Environmental Health3Culture & Leisure11Social Care63Other (inc £14.42m Levies)28Total 163
Funded by£’mCentral Government Grant30Business Rates21Top-up grant for Business Rates9Surplus on Collection Fund2Council Tax101Total 163
Levies£’mEast London Waste 13.67Environment Agency0.20Lee Valley0.24London Pensions (ex GLC)0.31Total 14.42
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Capital Expenditure
Capital expenditure is different to revenue expenditure as follows:Revenue is the day to day expenditure of running the Council (£163m above) and is funded by council tax, fees & charges, revenue grants and business ratesCapital is money spent on creating or improving long term assets. For example building or improving a library or sports centre. It is not the day to day running and is usually funded through borrowing or capital grants
For 2017/18 there is £11.9m set aside for Capital Works (excluding schools)Includes £2m for Highways, £1m for ICT, £510k for parks and £300k for disabled facility grants
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Background
COUNCIL TAX IN HAVERING
Band D Average
£
2011/12 1,505 2012/13 1,502 2013/14 1,498 2014/15 1,494 2015/16 1,514 2016/17 1,543 Overall increase over five years = 2.5%2% Adult Social Care Precept included from 2016/17Central Government Grant will reduce to £1.4m by 2019/20 (96% reduction)
Since 2010, the Council have made £100m of savingsProposed increase for 2017/18, including Adult Social Care Precept and the Mayor of London, is 3.5%4Slide5
What is our council tax spent? A weekly breakdown…
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How we compare…
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How we compare…
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How we compare…
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The Future?
The demands on Social Care will grow, but the budgets are reducing – it needs proper funding and not expect council tax payers to make up the differenceFrom 2020 councils will retain all business rates but receive no grantFrom 2020 additional responsibilities, such as Public Health, Skills and Training will go to councils (but what about the funding?)
The estimated budget gap up to 2020 is £9mWaste disposal costs are increasing year on year, for 2017/18 the waste levy increases by a further £1.3m to £15mYour councillors will do all they can to control demand, manage expectations and provide value for money with the resources at their disposal, but there is no magic potion!
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