| BUDGET MEETING - 24 FEBRUARY 2010 |
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| AN ALTERNATIVE BUDGET PROPOSAL- EXCLUDING DEDICATED SCHOOLS GRANT |
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£000 |
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| Base Budget |
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131,989 |
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| Pension Fund Increases |
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450 |
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| Adjustments in 2009/10 Base |
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511 |
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| Adjusted Base Budget |
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132,950 |
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| Add: |
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| Inflation |
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1,550 |
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| Capital Financing Costs |
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1,360 |
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| Fire Model for Change |
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300 |
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| Highways PFI Preliminary Costs |
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981 |
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| Landfill Tax Increase |
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320 |
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| CRC Energy Efficiency and Renewables |
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80 |
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| Identified Service Pressures per budget proposal |
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6,533 |
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| Other Costs - Net - per budget proposal |
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320 |
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| Deduct: |
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| Savings delivered through Service Savings and Delivering Better Services - excluding Fire and Schools - per budget proposal |
-11,029 |
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| Identified savings adjustments per budget proposal |
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-247 |
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| Further cost reductions per budget proposal |
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-654 |
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| Service Reductions from Current Budget: |
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| Reduce Capital Programme by £10m - borrowing costs year 1 |
-400 |
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| Review and Reduce Communications Budget |
-500 |
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| Review and Reduce Performance Budget |
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-250 |
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| Abandon Environment & Neighbourhood Officers scheme |
-404 |
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| Additional Savings Identified: |
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| Reduction in salaries above £90k - 15% exemplar |
-163 |
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| Smart' Reductions in Street Lighting times |
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-250 |
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| Leisure Facilities - reduce trading deficit |
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-50 |
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| Harbour Facilities - reduce trading deficit |
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-57 |
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| Carbon Emissions: |
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| Additional Revenue Costs to Support Reduction in Carbon Emissions - including affordability of capital investment |
240 |
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| Plan to Reduce Carbon Emissions by up to 10% each year |
-650 |
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| Investment in Service Priorities: |
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| Reduce Public Realm cuts |
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100 |
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| Reduce proposed Cowes Ferry increase |
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30 |
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| Restore various Care facilities funding by 25% |
120 |
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| Restore Carers Advocacy cuts |
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13 |
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| Reduce Supporting People cuts |
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1,000 |
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| Reduce Client Numbers savings |
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250 |
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| Reduce Learning Disability eligibility cuts |
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250 |
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| Restore cuts to homeless services |
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64 |
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| Restore Music Service subsidy |
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72 |
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| Restore 'Review of financial support to unions' |
50 |
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| Restore RCC cuts |
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27 |
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| Retain Westminster House for vulnerable people |
215 |
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| Restore 'Highways service ' capacity cuts |
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60 |
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| Remove 'Internal Home Care review' cuts |
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33 |
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| New Community Wardens (10) |
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250 |
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| Car Parking Proposals: |
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| Replace proposal to increase permits to £200 |
900 |
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| Standard Parking Permit - increase to £150 pa (excluding pensioners) |
-450 |
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| Net Expenditure |
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132,964 |
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| Financed By: |
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| Formula Grant |
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61,397 |
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| Reduce Provision in Reserves for 'Doubtful Debts' |
500 |
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| Council Tax Demand (net of CF +/-) |
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71,067 |
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132,964 |
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| Tax base (band D equivalents) |
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55,167.0 |
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| Collection Fund balance |
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-87 |
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| Proposed Band D Council Tax |
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1,289.80 |
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| Proposed Tax Increase (%) |
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2.50 |
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| Proposed: Cllr Geoff LUMLEY (Labour) |
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| Seconded: Cllr Ian STEPHENS (Independent) |