Agenda item
Supplementary Budget Proposals 2019/20
This report sets out proposals for amendments to the Councils revenue and capital budgets.
Minutes:
Members received a report which set out proposals for amendments to the Councils revenue and capital budgets, as set out in Annex 1.
Cllr Myers moved, and Cllr Perrett seconded the following amendment:
“In the first sentence, after ‘Annex 1, insert ‘as revised by the
amendments in Table A’.
In sub paragraph (i):
- after ‘use of’, delete ‘£798k’ and insert ‘£801k’;
- after ‘projects’, insert ‘and to note the full year implications of £632k to be considered in the 2020/21 budget’.
In sub paragraph (ii):
- after ‘capital programme’, delete ‘£4.25m’ and insert ‘£7.75m’ and
delete ‘£2.25m’ and insert ‘£3.25m’;
- after ‘borrowing and’, delete ‘£2m’ and insert ‘£4.5m’;
- after ‘Housing Revenue Account, insert ‘and to note the £227k revenue effect of this will be effective from 2020/21 and will need to be factored into the 2020/21 budget.’
In sub paragraph (v):
- after ‘use of’, delete ‘£565k’ and insert ‘£640k’;
- after ‘to deliver’, delete ‘4’ and insert ‘5’.”
For information, the effect on the original motion of this
amendment would be as follows:
Members are asked to approve the proposals as set out in Annex
1 as revised by the amendments in Table A, agreeing in
particular to:-
vii) The use of £801k from the revenue contingency budget to a
range of projects, and to note the full year implications of
£632k to be considered in the 2020/21 budget’
viii)The increase in the capital programme of £7.75m, £3.25m of
which is general fund schemes funded from prudential borrowing and £4.5m is from Housing Revenue Account, and to note the £227k revenue effect of this will be effective from 2020/21 and will need to be factored into the 2020/21 budget
ix) The allocations from the Service risk reserve totalling £822k
x) A £300k reallocation of existing Leeds City Region (LCR) funding from Place based narrative scheme to inclusive growth projects
xi) The use of £640k venture funding to deliver 5 specific invest to
save schemes.
xii) The use of £100k from the Brexit grant (total of £210k) towards
investment in community engagement
Reason: To ensure a legally balanced budget is set
On being put to the vote this motion FELL.
The original motion was then put to the vote. This was CARRIED and it was RESOLVED that:
Approval be given to:
i) The use of £798k from the revenue contingency budget to a range ofprojects
ii) The increase in the capital programme of £4.25m, £2.25m of whichis general fund schemes funded from prudential borrowing and £2m is from Housing Revenue Account
iii) The allocations from the Service risk reserve totalling £822k
iv) A £300k reallocation of existing Leeds City Region (LCR) funding from Place based narrative scheme to inclusive growth projects
v) The use of £565k venture funding to deliver 4 specific invest to save schemes
vi) The use of £100k from the Brexit grant (total of £210k) towards investment in community engagement
Reason: To ensure a legally balanced budget is set.
*Note: the Chair agreed to vary the order of business in order to consider the above item directly after the Notices of Motion.
Supporting documents:
- July 2019 Council report budget amendment final, item 25. PDF 128 KB
- July 2019 amendment annexe 1, item 25. PDF 88 KB
- July 2019 amendment annexe 2, item 25. PDF 243 KB
- Agenda Supplement - Amendment to Supplementary Budget Proposals 2019/20, item 25. PDF 168 KB
- Table A Labour amendment, item 25. PDF 192 KB