Issue - decisions

Medium Term Financial Strategy 2024-27

20/03/2024 - Medium Term Financial Strategy 2024-27 (Cab.7.2.2024/6)

The 24/25 Revenue Budget and Capital Programme and Council Tax Recommendations were moved by Councillor Frost and seconded by Councillor Bowser.

 

An amendment received in accordance with standing order number 8, and published as a supplement alongside the original report, was then moved by Councillor Kitching and seconded by Councillor Hunt:-

 

After a lengthy and frank discussion, the amendment was put to the vote and was lost.

 

In favour of the amendment, present at the time of voting

 

Councillors Fielding, Greenhough, Hunt, Kitching, Lodge, Lowe-Flello, C Wray and P Wright.

 

Against the amendment, present at the time of voting

 

Councillors Barnard, Bellamy, Booker, Bowler, Bowser, Burnett, Cain, A Cave, T Cave, Cherryholme, Clarke, Coates, Dyson, Eastwood, Ennis OBE, Franklin, Frost, Green, Hayward, Higginbottom, Sir Steve Houghton CBE, Howard, Leech, Lofts, Makinson, Markham, McCarthy, Moore, Morrell, Moyes, Murray, Newing, O’Donoghue, Osborne, Peace, Richardson, Sheard, Shepherd, Smith, Stowe, Tattersall, Webster, Wilson, A Wray, and N Wright.

 

Abstentions

 

There were no abstentions.

 

The original motion was then put as the substantive motion and -

 

RESOLVED:-

 

1.    24/25 Revenue Budget and Capital Programme

 

a)    that the report of the Director of Finance (S151 Officer), under Section 25 of the Local Government Act 2003 at Section 1 be noted, that the 2024/25 budget proposals be agreed and that the Chief Executive and Senior Management Team (SMT), in consultation with Cabinet Spokespersons, submit, for early consideration, detailed plans that ensure the Council’s ongoing financial sustainability in 24/25 and beyond;

 

b)    that the revised Medium Term Financial Strategy (MTFS) and Budget Forecast for 24/25 to 26/27 contained at Section 2 (supported by the suite of background papers inSections 2a – 2d) be noted and that these are monitored as part of the arrangements for the delivery of the MTFS;

 

c)    that provision be made of £34.6M to cover anticipated demographic and other cost pressures in 24/25:

 

Pay (£8.9M),

•Children’s Social Care (Children in Care / Practice Improvement) (£14.9M),

•Adult Social Care (Provider Fees / Practice Improvement) (£6.6M),

Home to School Transport (£1.4M),

•Waste Services (£0.6M),

•Inflation on major contracts e.g. PFI (£1.4M),

Funding borrowing costs (£0.6M),

•Investment in legal services (£1.0M),

•Commercial income budget re-alignment (£0.8M),

•Other minor investment £0.7M,

•Savings on Capital Financing / Investment Income (-£2.3M)

 

be approved for inclusion in the budget as identified at Section 2.

 

d)    that the increase in the specific Adult Social Care Market Sustainability grant of £2.5M received in the 2023 Local Government Finance Settlement (£5.4M in total) be used to contribute to the funding of inflationary pressures in the care sector;

 

e)    that the increase in the Better Care Fund of £3.9M received in the 2023 Local Government Finance Settlement be used to fund inflationary and hospital discharge costs within Adults Social Care;

 

f)     that the increase in the general social care funding received over the last two years including the Council’s share of the additional £1.2bn funding announced in the 2023 final Local Government Finance Settlement be baselined to fund the significant financial pressures relating to Children and Adults Social Care (circ. £30M of General Social Grant now baselined);

 

g)    note that other core funding has increased by inflation, inline with previous assumptions;

 

h)    that the proposed Phase 1 service review savings of £8.4M in 24/25 highlighted inSection 2 and detailed at Section 4a – 4e be approved for implementation and that Members also note the further development of the transformation programme to help deliver balanced budget positions over the medium term (25/26 – 26/27);

 

i)      that the one-off General Services Grant / New Homes Bonus received as part of the 2023 Local Government Settlement be used to temporarily address the 24/25 budget shortfall pending the submission of further budget savings;

 

j)      that the Chief Executive, in conjunction with the Director of Finance and the Senior Management Team, be tasked with formulating alternate savings plans (over and above the current transformation programme) based on various planning scenarios for Member consideration during 24/25;

 

k)    that the Council’s Reserves Strategy and updated reserves position at Section 2b be approved including the setting aside of £23M for additional one-off support to the budget over the planning period (over and above the retention of the £20M Minimum Working Balance);

 

l)      that the proposed changes to the 24/25 fees and charges policy and accompanying schedule of charges set out at Section 2d be approved;

 

m)   that the cash limited budgets for each Service with overall net expenditure for 24/25 of £256.6M as highlighted in Section 5a be approved;

 

n)    that the budgets for all services be considered and the 24/25 – 25/26 budget proposals presented at Sections 5a – 5c be approved, subject to Cabinet receiving detailed implementation reports where appropriate;

 

o)    that the changes to the schools funding formula including the transfer of funding from the schools’ block to the high needs block and the proposed 24/25 schools block budget as set out at Section 5d be considered and approved;

 

p)    that the capital investment schemes totalling £45.6M in 24/25 (£20.9M in Housing, £10.4M in Roads, £6.7M Asset Replacement and £7.6M Schools), be included within the capital programme and released subject to receiving further detailed business cases where appropriate Section 6 Appendix 1;

 

q)    note that the above includes £2M provisionally set aside for additional investment in repairing the Borough’s highways (principal roads / side streets) and that this will be released subject to receiving a further detailed report on plans for its use;

 

r)     that the Chief Executive and SMT, in consultation with Cabinet Spokespersons, be required to submit reports into Cabinet, as a matter of urgency, in relation to the detailed General Fund Revenue Budget for 24/25 on any further action required to achieve an appropriately balanced budget in addition to those proposals set out above;

 

s)    that the Chief Executive and SMT be responsible for managing their respective budgets including ensuring the implementation of all approved saving proposals;

 

t)     that the Authority's SMT be charged with ensuring that the budget remains in balance and report regularly into Cabinet on budget / savings monitoring including any action required;

 

u)    that Cabinet and the Director of Finance (Section 151 Officer) be authorised to make any necessary technical adjustments to form the 24/25 budget;

 

v)    that appropriate consultation on the budget proposals takes place with the Trade Unions and representatives of Non-Domestic Ratepayers and that the views of consultees be considered by Cabinet and the Council.

 

2.    Council Tax

 

RESOLVED:- that Council notes the contents of Section 2a (24/25 Council Tax options) and that:

 

(i)        in respect ofthe CouncilTax 2024/25calculations:

 

(a)   that the CouncilTax CollectionFund surplusrelating toBarnsley M.B.C.of £3.572M be used to reduce the Council Tax Requirement for 2024/25;

 

(b)   that the Band D Council Tax for Barnsley M.B.C.’s services be set at £1,790.68 whichincludes thecumulative specialprecept earmarkedspecifically forAdult Social Care of £256.92; and

 

(c)   that the BandD CouncilTax forBarnsley M.B.C.’sarea beset at £2,126.77 including the Police and Fire precepts* as set out in (ii)(c).

 

(ii)     that, in respectof theCouncil Tax2024/25 declaration:

 

(a)   that it be noted that at its meeting of its Cabinet on the 11thJanuary 2024 the Council made the following calculations for the year 2024/25 in accordance with Regulationsmade underSection 31(B)of theLocal GovernmentFinance Act1992 as amended (the “Act”):-

 

(1)   in accordance with Section 31B (3) of the Local Government Act 1992, as amended,the numberof adjustedBand Dequivalent propertiescalculated bythe Council as its Council Tax base for the year shall be 66,800.90 (Item T in the formula in Section 31B (1) of the Act);

 

(2)   that the number of adjusted Band D equivalent properties calculated by the Council,as theamounts ofits CouncilTax basefor theyear fordwellings inthose parts of its area to which one or more special items relate shall be as follows:-

 

TABLE 1

Column

A

B

C

D= C /B

 

ParishArea

Band D equivalent chargeable properties

95%of BandD equivalent chargeable properties

Precept Issued (afterCouncil Tax Support Grant)(£)

Band D Equivalent Charge

(£)

Billingley

94.40

89.68

1,490.00

16.61

Cawthorne

615.00

584.25

24,720.00

42.31

Dunford

252.40

239.78

10,536.00

43.94

Great Houghton

644.31

612.09

29,669.00

48.47

Gunthwaite and Ingbirchworth

311.20

295.64

8,300.00

28.07

High Hoyland

69.20

65.74

-

-

Hunshelf

164.00

155.80

5,208.00

33.43

Langsett

106.20

100.89

3,957.00

39.22

Little Houghton

177.60

168.72

14,014.00

83.06

Oxspring

482.91

458.76

22,930.00

49.98

Penistone

4,504.40

4,279.18

227,995.00

53.28

Shafton

936.31

889.49

40,703.00

45.76

Silkstone

1,207.80

1,147.41

76,154.00

66.37

Stainborough

159.71

151.72

5,067.00

33.40

Tankersley

750.11

712.60

21,998.00

30.87

Thurgoland

802.91

762.76

12,985.00

17.02

Wortley

311.00

295.45

8,646.00

29.26

Barnsley andOther Non-Parish Areas

58,727.31

55,790.94

 

 

Total

70,316.77

66,800.90

514,372.00

 

 

(b)          that the followingamounts benow calculatedby theCouncil forthe year 2024/25 in accordance with Sections 31-36 of the “the Act”:-

 

(1)    £257,154,119being thenet aggregateamount theCouncil estimatesfor itemsset out in Section 31A (2) and 31A (3) of the Act taking into account all Precepts issued to it by Parish Councils;

 

(2)          £133,448,711being theaggregate ofthe sumswhich theCouncil estimateswill be payable for the year into its General Fund in respect of the Business Rate Retention Scheme and other specific grants;

 

(3)          £3,572,000being theamount whichthe Councilestimates will betransferred inthe year fromits CollectionFund toits GeneralFund inaccordance withSection 97 (3) of the Local Government Finance Act 1988 (Council Tax Surplus);

 

(4)          £120,133,408 being the amount by which the amount at (ii)(b) (1) above exceeds the aggregate of amounts at (ii)(b) (2) and (ii)(b) (3) above, calculated by the Council in accordancewith Section31A(4) ofthe Actas itsCouncil Taxrequirement forthe year (Item R in the formula in Section 31B (1) of the Act);

 

(5)          £1,798.38 calculated by the Councilas being the amount at (ii)(b) (4) above (Item R in the formula in Section 31B (3); all divided by the Council Tax base as highlightedin (ii)(a) (1)above (ItemT inthe formulain Section31B (1)of theAct);

 

(6)          £514,372 being the aggregate amount of all special amounts (Parish Precepts) referredto inSection 31A (2)of theAct; asper columnC inthe tablein (ii)(a)(2) above;

 

 

(7)          £1,790.68 calculated by the Council as the basic amount of its Council Tax for the yearfor dwellingsin thoseparts ofits areato whichno specialitems relatebeing the amount at (ii)(b) (5) above less the result given by dividing the amount at (ii)(b) (6) above divided bythe amount at (ii)(a)(1) (Item T in the formula in Section31B (1) of the Act) above in accordance with Section 34 (2) of the Act.

 

(8)          the following amountscalculated bythe Councilas thebasic amountsof itsCouncil Tax forthe yearfor dwellingsin thoseparts ofits areato whichone ormore special items relate:-

 

TABLE 2

Section34(3) Calculation:

 

Part of theCouncil's Area

 

 

 

Parishof :-

£

 

 

Billingley

1,807.29

Cawthorne

1,832.99

Dunford

1,834.62

Great Houghton

1,839.15

Gunthwaite & Ingbirchworth

1,818.75

High Hoyland

1,790.68

Hunshelf

1,824.11

Langsett

1,829.90

Little Houghton

1,873.74

Oxspring

1,840.66

Penistone

1,843.96

Shafton

1,836.44

Silkstone

1,857.05

Stainborough

1,824.08

Tankersley

1,821.55

Thurgoland

1,807.70

Wortley

1,819.94

This table representsthe CouncilTax forBarnsley MBC plus Local Parishes for Band D only

 

 

beingthe amountsgiven byadding tothe amountat (ii)(b) (7)above theamount of the special items in (ii)(a) (2) Col D in accordance with Section 34 (3) of the Act;

 

(9)     the amounts calculated by the Council as the amounts to be taken into account for the year in respect of categories of dwellings listed in different valuation bands are shown below.

 

TABLE 3

section36(1) Calculation:

Partof theCouncil's Area

ValuationBands

Parishof :-

A-

A

B

C

D

E

F

G

H

 

£

£

£

£

£

£

£

£

£

Billingley

1,004.05

1,204.86

1,405.67

1,606.47

1,807.29

2,208.91

2,610.53

3,012.15

3,614.58

Cawthorne

1,018.33

1,222.00

1,425.66

1,629.32

1,832.99

2,240.32

2,647.65

3,054.99

3,665.98

Dunford

1,019.23

1,223.08

1,426.93

1,630.77

1,834.62

2,242.31

2,650.01

3,057.70

3,669.24

GreatHoughton

1,021.75

1,226.10

1,430.45

1,634.79

1,839.15

2,247.85

2,656.55

3,065.25

3,678.30

Gunthwaite& Ingbirchworth

1,010.41

1,212.50

1,414.58

1,616.66

1,818.75

2,222.92

2,627.09

3,031.25

3,637.50

HighHoyland

994.82

1,193.79

1,392.75

1,591.71

1,790.68

2,188.61

2,586.54

2,984.47

3,581.36

Hunshelf

1,013.39

1,216.08

1,418.75

1,621.43

1,824.11

2,229.47

2,634.83

3,040.19

3,648.22

Langsett

1,016.61

1,219.94

1,423.25

1,626.57

1,829.90

2,236.55

2,643.19

3,049.84

3,659.80

LittleHoughton

1,040.96

1,249.16

1,457.35

1,665.54

1,873.74

2,290.13

2,706.52

3,122.90

3,747.48

Oxspring

1,022.59

1,227.11

1,431.62

1,636.14

1,840.66

2,249.70

2,658.73

3,067.77

3,681.32

Penistone

1,024.42

1,229.31

1,434.19

1,639.07

1,843.96

2,253.73

2,663.50

3,073.27

3,687.92

Shafton

1,020.24

1,224.30

1,428.34

1,632.39

1,836.44

2,244.54

2,652.64

3,060.74

3,672.88

Silkstone

1,031.69

1,238.04

1,444.37

1,650.71

1,857.05

2,269.73

2,682.41

3,095.09

3,714.10

Stainborough

1,013.38

1,216.06

1,418.73

1,621.40

1,824.08

2,229.43

2,634.78

3,040.14

3,648.16

Tankersley

1,011.97

1,214.37

1,416.76

1,619.15

1,821.55

2,226.34

2,631.13

3,035.92

3,643.10

Thurgoland

1,004.28

1,205.14

1,405.99

1,606.84

1,807.70

2,209.41

2,611.12

3,012.84

3,615.40

Wortley

1,011.08

1,213.30

1,415.51

1,617.72

1,819.94

2,224.37

2,628.80

3,033.24

3,639.88

Barnsley andOther Non-

Parish Areas

994.82

1,193.79

1,392.75

1,591.71

1,790.68

2,188.61

2,586.54

2,984.47

3,581.36

This table shows thetotal CouncilTax forBarnsley MBCand localparishes (excludingPolice andFire Precepts).

The charge forindividual valuationbands iscalculated asa proportionof aBand Dproperty, asper Section5 ofthe Local Government Finance Act 1992.

 

being the amounts given by multiplying the amount at (ii)(b) (8) above by the number which, in the proportion set out in Section 5 of the Act, is applicable to dwellings listedin a particular valuation band divided by the numberwhich in that proportion isapplicable todwellings listedin valuationBand Din accordancewith Section 36 (1) of the Act;

 

(c)   that it be noted that for the year 2024/25 the under-mentioned precepting Authorities have stated the following draft amounts in precepts issued to the Council in accordancewith Section42A ofthe LocalGovernment FinanceAct 1992,for eachof the categories of dwellings shown below:-

 

 

Total Precept

TABLE 4

ValuationBands

A-

A

B

C

D

E

F

G

H

PreceptingAuthority:

£

£

£

£

£

£

£

£

£

£

South YorkshireFire Authority*

5,681,417

47.25

56.70

66.15

75.60

85.05

103.95

122.85

141.75

170.10

 

 

 

 

 

 

 

 

 

 

 

South YorkshirePolice Authority*

16,769,698

139.47

167.36

195.25

223.15

251.04

306.83

362.61

418.40

502.08

*subject toconfirmation


(d)     that having calculated the aggregate in each case of the amounts at (ii)(b) (9) and (ii)(c)above, theCouncil in accordance withSection 30 (2)of theLocal Government Finance Act1992, herebysets theamounts shownbelow asthe amounts ofCouncil Tax for the year 2024/25 for each of the categories of dwellings shown below:-

 

Section30(2) Calculation:                                                                                                                TABLE 5

Partof theCouncil's Area                                                                                                         ValuationBands

Parishof :-

A-

A

B

C

D

E

F

G

H

 

£

£

£

£

£

£

£

£

£

Billingley

1,190.77

1,428.92

1,667.07

1,905.22

2,143.38

2,619.69

3,095.99

3,572.30

4,286.76

Cawthorne

1,205.05

1,446.06

1,687.06

1,928.07

2,169.08

2,651.10

3,133.11

3,615.14

4,338.16

Dunford

1,205.95

1,447.14

1,688.33

1,929.52

2,170.71

2,653.09

3,135.47

3,617.85

4,341.42

Great Houghton

1,208.47

1,450.16

1,691.85

1,933.54

2,175.24

2,658.63

3,142.01

3,625.40

4,350.48

Gunthwaite & Ingbirchworth

1,197.13

1,436.56

1,675.98

1,915.41

2,154.84

2,633.70

3,112.55

3,591.40

4,309.68

High Hoyland

1,181.54

1,417.85

1,654.15

1,890.46

2,126.77

2,599.39

3,072.00

3,544.62

4,253.54

Hunshelf

1,200.11

1,440.14

1,680.15

1,920.18

2,160.20

2,640.25

3,120.29

3,600.34

4,320.40

Langsett

1,203.33

1,444.00

1,684.65

1,925.32

2,165.99

2,647.33

3,128.65

3,609.99

4,331.98

Little Houghton

1,227.68

1,473.22

1,718.75

1,964.29

2,209.83

2,700.91

3,191.98

3,683.05

4,419.66

Oxspring

1,209.31

1,451.17

1,693.02

1,934.89

2,176.75

2,660.48

3,144.19

3,627.92

4,353.50

Penistone

1,211.14

1,453.37

1,695.59

1,937.82

2,180.05

2,664.51

3,148.96

3,633.42

4,360.10

Shafton

1,206.96

1,448.36

1,689.74

1,931.14

2,172.53

2,655.32

3,138.10

3,620.89

4,345.06

Silkstone

1,218.41

1,462.10

1,705.77

1,949.46

2,193.14

2,680.51

3,167.87

3,655.24

4,386.28

Stainborough

1,200.10

1,440.12

1,680.13

1,920.15

2,160.17

2,640.21

3,120.24

3,600.29

4,320.34

Tankersley

1,198.69

1,438.43

1,678.16

1,917.90

2,157.64

2,637.12

3,116.59

3,596.07

4,315.28

Thurgoland

1,191.00

1,429.20

1,667.39

1,905.59

2,143.79

2,620.19

3,096.58

3,572.99

4,287.58

Wortley

1,197.80

1,437.36

1,676.91

1,916.47

2,156.03

2,635.15

3,114.26

3,593.39

4,312.06

Barnsley andOther Non-Parish

Areas

1,181.54

1,417.85

1,654.15

1,890.46

2,126.77

2,599.39

3,072.00

3,544.62

4,253.54

This table showsthe totalCouncil Taxfor BarnsleyMBC, localparishes andthe Police& Fire Precepts

The table isthe sumof thetotal CouncilTax forBarnsley MBCand localparishes (Table3) andthe preceptamounts forthe

Policeand FireAuthorities respectively(Table 4).

 

(e)   that the Director of Finance (S151 Officer) be authorised to serve notices, enter into agreements, give receipts, make adjustments, initiate proceedings and take any action available to the Council to collect or enforce the collection of non-domestic rates andthe CouncilTax fromthose persons liablein accordancewith theCouncil’s agreed policy; and

 

(f)     that the Director of Finance (S151 Officer) determines in accordance with the principles determined by the Secretary of State and set out in the Referendums Relating to Council Tax Increases (Principles) (England) Report 2024/25, that Barnsley Metropolitan Borough Council’s relevant basic amount of Council Tax for theyear 2024/25as definedby Section41 ofthe Local Auditand AccountabilityAct 2014 is not excessive;

 

(g)   that the Directorof Legaland Governancebe authorisedto publishthe CouncilTax Notice in accordance with the provisions of Section 38 of the Local Government Finance Act 1992.

 

iii)     12 months’ notice be given to apply an additional 100% council tax premium (200% in council tax charge) to all properties that are substantially furnished but not someone’s, no-one’s, sole or main residence (e.g.“second homes”) after one year, with this premium becoming effective on 1st April 2025 onwards;

 

iv)    that the local council tax support scheme reverts back to the scheme approved in 22/23 as highlighted in Section 2a, effectively reducing the maximum discount for the lowest income households from 100% to 92.8% off the relevant bill;

 

v)      that a full review of the current scheme be undertaken during 24/25 including the necessary consultations for any proposed changes with an update being provided to Members later in 2024.

 

In favour of the motion, present at the time of voting

 

Councillors Barnard, Bellamy, Booker, Bowler, Bowser, Burnett, Cain, A Cave, T Cave, Cherryholme, Clarke, Coates, Dyson, Eastwood, Ennis OBE, Franklin, Frost, Green, Hayward, Higginbottom, Sir Steve Houghton CBE, Howard, Leech, Lofts, Makinson, Markham, McCarthy, Moore, Morrell, Moyes, Murray, Newing, O’Donoghue, Osborne, Peace, Richardson, Sheard, Shepherd, Smith, Stowe, Tattersall, Webster, Wilson, and N Wright.

 

Against the motion, present at the time of voting

 

Councillors Fielding, Greenhough, Hunt, Kitching, Lodge, Lowe-Flello, A Wray, C Wray and P Wright.

 

Abstentions

 

There were no abstentions.

 

3.    Treasury Management Strategy & Policy Statement 2024/25

 

Moved by Councillor Frost – Seconded by Councillor Bowser; and

 

RESOLVED:-

 

That Council approve the 24/25 Treasury Management Strategy and Policy Statement (included in the main papers at Section 2c) and specifically;

 

a)     approve the 24/25 Treasury Management Policy Statement (Section 2c Appendix A)

 

b)     approve the 24/25 Minimum Revenue Provision (MRP) Statement (Section 2c Appendix B);

 

c)     approve the 24/25 Borrowing Strategy at Section 2c including the full suite of Prudential and Treasury Indicators (Section 2c Appendix C)

 

d)     approve the 24/25 Annual Investment Strategy at Section 2c.

 

 


07/02/2024 - Medium Term Financial Strategy 2024-27 (Cab.7.2.2024/6)

RECOMMENDATION TO FULL COUNCIL ON 29 FEBRUARY 2024

 

RESOLVED that Cabinet submit to Full Council for approval the following recommendations:-

 

2024/25 BUDGET RECOMMENDATIONS

 

1.       2024/25 Revenue Budget, Capital Programme and Council Tax

 

a)    that the report of the Director of Finance (S151 Officer), under Section 25 of the Local Government Act 2003 at Section 1 be noted, that the 2024/25 budget proposals be agreed and that the Chief Executive and Senior Management Team (SMT), in consultation with Cabinet Spokespersons, submit, for early consideration, detailed plans that ensure the Council’s ongoing financial sustainability in 24/25 and beyond.

 

b)    that the revised Medium Term Financial Strategy (MTFS) and Budget Forecast for 24/25 to 26/27 contained at Section 2 (supported by the suite of background papers in Sections 2a – 2d) be noted and that these are monitored as part of the arrangements for the delivery of the MTFS.

 

c)    that provision be made of £34.6M to cover anticipated demographic and other cost pressures in 24/25:

 

·       Pay (£8.9M),

·       Children’s Social Care (Children in Care / Practice Improvement) (£14.9M),

·       Adult Social Care (Provider Fees / Practice Improvement) (£6.6M),

·       Home to School Transport (£1.4M),

·       Waste Services (£0.6M),

·       Inflation on major contracts e.g. PFI (£1.4M),

·       Funding borrowing costs (£0.6M),

·       Investment in legal services (£1.0M),

·       Commercial income budget re-alignment (£0.8M),

·       Other minor investment £0.7M,

·       Savings on Capital Financing / Investment Income (-£2.3M)

 

be approved for inclusion in the budget as identified at Section 2.

 

d)    that the increase in the specific Adult Social Care Market Sustainability grant of £2.5M received in the 2023 Local Government Finance Settlement (£5.4M in total) be used to contribute to the funding of inflationary pressures in the care sector.

 

e)    that the increase in the Better Care Fund of £3.9M received in the 2023 Local Government Finance Settlement be used to fund inflationary and hospital discharge costs within Adults Social Care.

 

f)      that the increase in the general social care funding received over the last two years including the Council’s share of the additional £1.2bn funding announced in the 2023 final Local Government Finance Settlement be baselined to fund the significant financial pressures relating to Children and Adults Social Care (circ. £30M of General Social Grant now baselined) .

 

g)    note that other core funding has increased by inflation, in line with previous assumptions.

 

h)    that the proposed Phase 1 service review savings of £8.4M in 24/25 highlighted in Section 2 and detailed at Section 4a – 4e be approved for implementation and that Members also note the further development of the transformation programe to help deliver balanced budget positions over the medium term (25/26 – 26/27).

 

i)      that the one-off General Services Grant / New Homes Bonus received as part of the 2023 Local Government Settlement be used to temporarily address the 24/25 budget shortfall pending the submission of further budget savings.

 

j)      that the Chief Executive, in conjunction with the Director of Finance and the Senior Management Team be tasked with formulating alternate savings plans (over and above the current transformation programme) based on various planning scenarios for Member consideration during 24/25.

 

k)    that the Council’s Reserves Strategy and updated reserves position at Section 2b be approved including the setting aside of £23M for additional one-off support to the budget over the planning period (over and above the retention of the £20M Minimum Working Balance .

 

l)      that the proposed changes to the 24/25 fees and charges policy and accompanying schedule of charges set out at Section 2d be approved.

 

m)  to submit to Council for approval the cash limited budgets for each Service with overall net expenditure for 24/25 of £265.0M as highlighted in Section 5a.

 

n)    to consider the budgets for all services and approve, for submission into Council, the 24/25 – 25/26 budget proposals presented at Sections 5a – 5c, subject to Cabinet receiving detailed implementation reports where appropriate.

 

o)    to consider and approve the changes to the schools funding formula including the transfer of funding from the schools’ block to the high needs block and approve the proposed 24/25 schools block budget as set out at Section 5d.

 

p)    that the capital investment schemes totalling £45.6M in 24/25 (£20.9M in Housing, £10.4M in Roads, £6.7M Asset Replacement and £7.6M Schools), be included within the capital programme and released subject to receiving further detailed business cases where appropriate Section 6 Appendix 1.

 

q)    note that the above includes £2M provisionally set aside for additional investment in repairing the Borough’s highways (principal roads / side streets) and that this will be released subject to receiving a further detailed report on plans for its use.

 

r)     that the Chief Executive and SMT, in consultation with Cabinet Spokespersons, be required to submit reports into Cabinet, as a matter of urgency, in relation to the detailed General Fund Revenue Budget for 24/25 on any further action required to achieve an appropriately balanced budget in addition to those proposals set out above.

 

s)    that the Chief Executive and SMT be responsible for managing their respective budgets including ensuring the implementation of all approved saving proposals.

 

t)      that the Authority's SMT be charged with ensuring that the budget remains in balance and report regularly into Cabinet on budget / savings monitoring including any action required.

 

u)    that Cabinet and the Director of Finance (Section 151 Officer) be authorised to make any necessary technical adjustments to form the 24/25 budget.

 

v)    that appropriate consultation on the budget proposals takes place with the Trade Unions and representatives of Non-Domestic Ratepayers and that the views of consultees be considered by Cabinet and the Council.

 

w)   that the budget papers be submitted for the consideration of the full Council.

 

2.       Council Tax 2024/25

 

2.1      that Cabinet note the contents of Section 2a (24/25 Council Tax options) and that:

 

a)    the Council Tax Collection Fund net surplus as at 31st March 2023 relating to BMBC of £3.6M be used to reduce the 24/25 Council Tax requirement, in line with statute.

 

b)    the 24/25 Band D Council Tax increase for Barnsley MBC services be set at 4.99% (2.99% for Core Council Services and an additional 2.0% for the Adult Social Care precept).

 

c)    the Band D Council Tax for Barnsley MBC’s areas be determined following confirmation of the South Yorkshire Police and Crime Commissioner and South Yorkshire Fire Authority precepts for 24/25.

 

d)    the Band D Council Tax for areas of the Borough with Parish / Town Councils be determined following confirmation of individual parish precepts for 24/25.

 

e)    12 months’ notice be given to apply an additional 100% council tax premium (200% in council tax charge) to all properties that are substantially furnished but not some one’s no one’s sole or main residence (e.g. “second homes”) after one year, with this premium becoming effective on 1st April 2025 onwards.

 

f)      that the local council tax support scheme reverts back to the scheme approved in 22/23 as highlighted in Section 2a, effectively reducing the maximum discount for the lowest income households from 100% to 92.8% off the relevant bill.

 

g)    that a full review of the current scheme be undertaken during 24/25 including the necessary consultations for any proposed changes with an update being provided to Members later in 2024.

 

3.       Treasury Management Strategy & Policy Statement 2024/25

 

3.1      that Cabinet approve the 24/25 Treasury Management Strategy and Policy Statement (included in the main papers at Section 2c) and specifically:

 

a)    approve the 24/25 Treasury Management Policy Statement (Section 2c Appendix A).

 

b)    approve the 24/25 Minimum Revenue Provision (MRP) Statement (Section 2c Appendix B).

 

c)    approve the 24/25 Borrowing Strategy at Section 2c including the full suite of Prudential and Treasury Indicators (Section 2c Appendix C).

 

d)    approve the 24/25 Annual Investment Strategy at Section 2c.