Council 28 February 2019

Venue: Civic Centre, Ashby Road, Scunthorpe
Time: 2 pm
Email: Richard.mell@northlincs.gov.uk

 

1. Declarations of Disclosable Pecuniary Interests and Personal or Personal and Prejudicial Interests.
2. Members’ Allowances – Remuneration Panel – Report of the Director: Governance and Partnerships.
3. To consider reports by the Director : Governance and Partnerships –

(a)   Financial Strategy, Budget 2019.20 and Medium Term Financial Plan 2020.23.
(b)   Capital Investment Strategy and Capital Programme 2018/2022.
(c)   Treasury Management and Investment Strategy 2019/2020.
(d)   Implementation of the 2019/2020 Pay Policy Statement.

MINUTES

Present

THE MAYOR – Councillor J Briggs

Councillors Ali, Allcock, Armiger, Bainbridge, Clark, A Davison, J Davison, Ellerby, England, Evison, L Foster, T Foster, Glover, Godfrey, Gosling, Grant, Kataria, Kirk, Longcake, Marper, Mumby-Croft, Ogg, Oldfield, O’Sullivan, Poole, Reed, Robinson, Rose, Rowson, C Sherwood, N Sherwood, Swift, K Vickers, P Vickers, Waltham MBE, Wells and Wilson.

The council met at the Civic Centre, Ashby Road, Scunthorpe.

2633 MAYOR’S REMARKS – The Mayor referred to the recent sad death of former Councillor Margaret Simpson who had served on Scunthorpe Borough Council 1994 to 1996, North Lincolnshire Council 1996 to 2011 and had been the Mayor of North Lincolnshire in 2001/2002. Her funeral had been held that morning. He paid tribute to her years of dedicated public service and on behalf of all councillors expressed their thoughts for former Councillor Margaret Simpson’s family at this sad time.

The council then observed a minute’s silence in memory of former Councillor Margaret Simpson.

2634   DECLARATIONS OF DISCLOSABLE PECUNIARY INTERESTS AND PERSONAL OR PERSONAL AND PREJUDICIAL INTERESTS AND SIGNIFICANT LOBBYING – Declarations of personal interests were indicated as follows –

Member Subject/Minute
Councillor M Ali Licence Holder with schools transport contract.

Crosby Community Association – Trustee

Councillor R Allcock

 

 

Member of Haxey Parish Council

Isle of Axholme and North Nottinghamshire Water Management Board

Councillor M Armiger

 

Scunthorpe and Gainsborough Water Management Board

Bottesford in Bloom

Councillor J Briggs Humberside Fire Authority

Isle of Axholme and North Nottinghamshire Water Management Board

Councillor P Clark North East Lindsey Internal Drainage Board
Councillor J Davison Bottesford in Bloom
Councillor J England

 

Scunthorpe and Gainsborough Water Management Board

Messingham Parish Council

Councillor T Ellerby

 

Scunthorpe and Gainsborough Water

Management Board – Member

Member of Gunness Parish Council

Governor of Frodingham Infants

Councillor J Evison

 

Ancholme Internal Drainage Board

Barton Town Council

Governor of Baysgarth School

Councillor L Foster Bottesford Town Council
Councillor T Foster

 

Scunthorpe and Gainsborough Water Management Board

Member of UNITE

Councillor I Glover

 

Ancholme Internal Drainage Board

Boughton Town Council

Councillor S Godfrey Governor of Lincoln Gardens Primary
Councillor D Longcake Bottesford in Bloom
Councillor E Marper Skippingdale in Bloom
Councillor H Mumby-Croft

 

Broughton Town Council

Trustee of Sir John Nelthorpe School

Ancholme Internal Drainage Board

Councillor R Ogg

 

 

Scunthorpe and Gainsborough Water Management Board

West Halton Parish Council

Governor of Winteringham School

Skippingdale in Bloom

Councillor D Oldfield

 

Scunthorpe and Gainsborough Water Management Board – Member

Member of Gunness Parish Council

Member of Burringham Parish Council

Personal Licence Holder

Councillor N Poole

 

Scunthorpe and Gainsborough Water Management Board

Personal Licence Holder and Waste Contract

Messingham Parish Council

Councillor J Reed

 

Isle of Axholme and North Nottinghamshire Water Management Board

Crowle Peatland Railway

Crowle and Ealand Regeneration Group

 

Councillor D Robinson

 

Isle of Axholme and North Nottinghamshire Water Management Board

Epworth Town Council

Councillor D Rose

 

Isle of Axholme and North Nottinghamshire Water Management Board

CPRE Chairman and Regional Member

Councillor H Rowson

 

Scunthorpe and Gainsborough Water Management Board – Member

Skippingdale in Bloom

Governor at Winterton Junior School

Councillor C Sherwood

 

Ancholme Internal Drainage Board

Brigg Town Council

Councillor N Sherwood Humberside Fire Authority

Ancholme Internal Drainage Board

Brigg Town Council

Councillor K Vickers Barton Town Council
Councillor P Vickers

 

Barton Town Council

Friends of Baysgarth Park

Councillor R Waltham MBE Humberside Fire Authority

Ancholme Internal Drainage Board

Brigg Town Council

Brigg in Bloom

Councillor D Wells North East Lindsey Internal Drainage BoardBarnetby-le-Wold Parish CouncilKirmington & Croxton Parish Council Goxhill & East Halton Schools Federation

2635   BUDGET SPEECHES – It was moved by Councillor J England and seconded by Councillor N Poole:–

That in accordance with Procedure Rule D1.19(s) the Leader of the Council and the Leader of the Opposition be allowed up to 20 minutes to deliver their respective budget speeches.

Motion Carried

2636   (9) MEMBERS’ ALLOWANCES – REMUNERATION PANEL – The Director of Governance and Partnerships submitted a report requesting Council to consider the report of the North Lincolnshire Independent Remuneration Panel in order to approve a Scheme of Members’ Allowances from the Annual Meeting of the Council in May 2019, in accordance with the Local Authorities (Members’ Allowances) (England) Regulations 2003 (the Regulations). The Panel’s report was attached as an appendix to the Director’s report.

The Council was required to make an annual Scheme of Members’ Allowances or set a scheme for a further period; previously the Council approved a scheme for a period of four years 2015/19 – the full term of the current elected administration. The Council cannot make or amend a scheme without first having regard to the recommendations of the Independent Remuneration Panel. The Independent Panel comprises four members representing the voluntary and business sectors of the local community.

Moved by Councillor Waltham MBE and seconded by Councillor J Reed –

a) That the Remuneration Panel be thanked for its work, and (b) that the current Scheme of Allowances as detailed in Appendix 1 of the Remuneration Panel’s report be approved and adopted as the Scheme of Members’ Allowances for the 2019/20 Council Year (Annual Meeting 2019 up to the Annual Meeting 2020).

At the request of members and in accordance with Procedure Rule 1.22(d) the names of members voting for, against and abstaining from the motion are as follows –

FOR:    Councillors Allcock, Armiger, Briggs, Clark, J Davison, England, Evison, T Foster, Glover, Longcake, Marper, Mumby-Croft, Ogg, Poole, Reed, Robinson, Rose, Rowson, C Sherwood, N Sherwood, K Vickers, P Vickers, Waltham MBE and Wells.    

AGAINST:      Nil

ABSTAINING:        Councillors Ali, Bainbridge, A Davison, Ellerby, L Foster, Godfrey, Gosling, Grant, Kataria, Kirk, Oldfield, O’Sullivan, Swift and Wilson.

 Motion Carried.

2637   (10)    FINANCIAL STRATEGY, BUDGET 2019/2020 AND MEDIUM TERM FINANCIAL PLAN, CAPITAL INVESTMENT STRATEGY AND CAPITAL PROGRAMME 2018/2022, TREASURY MANAGEMENT AND INVESTMENT STRATEGY 2019/2020 AND IMPLEMENTATION OF THE 2019/2020 PAY POLICY STATEMENT – The Director: Governance and Partnerships submitted reports relating to: –

  • Financial Strategy, Budget 2019/20 and Medium Term Financial Plan;
  • Capital Investment Strategy and Capital Programme 2018/2022;
  • Treasury Management and Investment Strategy 2019/2020, and
  • Implementation of the 2019/2020 Pay Policy Statement.

Each of the above issues were addressed within separate reports. The Council operated within legally defined powers to deliver a range of local services. These included powers to raise funding to meet the costs of delivery. The Council must decide on its spending power, taking into account how much government grant, business rates it would receive and the level of Council tax it wished to set. The Council also had a legal requirement to set a balanced budget for the next financial year and a robust forecast for the medium term financial planning period.

This year a four year plan had been produced which would support the Council in linking its anticipated resources over the period to its strategic direction and took into consideration potential future structural changes to local government finance, which were discussed in the initial report of the Director. The Director in her report on the Financial Strategy, Budget 2019/20 and Medium Term Financial Plan 2023 also provided assurance on the council’s financial resilience, confirmed that the estimates presented in the report were robust and 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. 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 2019/20, set the Council Tax for 2019/20 and to approve an indicative medium term financial plan for 2010/23. The report considered some key issues and relevant factors under the following headings: –

  • Local Government Financial Framework and Funding
  • Local Government Finance Settlement 2019/20
  • Future of Local Government Finance
  • The Council Plan
  • Financial Strategy
  • Financial Resilience
  • Medium Term Financial Plan
  • Managing Risk and Opportunity, and
  • Legal Requirements.

The Council also received a report from the Director of Governance and Partnerships seeking approval of the council’s Capital Investment Strategy 2019-22, which included a proposed Capital Investment Plan of £99.5m, and the revised Capital programme 2018/19. These were set out in appendices to the report.

The Director’s report explained that capital expenditure was a key enabler for the Council to fulfil its duties and delivery of its ambitions and Council Plan priorities. Investment in the right things could underpin and support the achievement of improved outcomes for people and place of North Lincolnshire. Capital investment also contributed to efficiencies in the operation of the council and income generation to support long-term financial sustainability. Local Authorities were now required to publish a Capital Investment Strategy as per the Chartered Institute of Public Finance and Accountancy (CIPFA): Prudential Code for Capital Finance in Local Authorities (2017). The code was updated to introduce more contextual reporting through the requirement to produce a capital strategy, which is intended to allow individual local authorities to give greater weight to local circumstances and explain their approach to borrowing and investment.

Also presented for Council’s consideration and approval was the council’s Treasury Management Policy Statement and Treasury Management and Investment Strategy for 2019/20. These were set out in appendix 1 and 2 of the report respectively. The annual treasury management and investment strategy was prepared in line with the CIPFA Code of Practice in the Public Service Fully Revised 2017, CIPFA The Prudential Code Fully Revised 2017, MHCLG Guidance and the Local Government Act 2003. The codes defined the manner in which capital spending plans were to be considered and approved and required the Council to set Prudential Indicators for the next three years (appendix 3) to ensure that the Council’s capital investment plans were affordable, prudent and sustainable.

In addition, the implementation of the 2019/2020 Pay Policy Statement report outlined and sought approval of the council’s Pay Policy Statement for 2018/2019, in accordance with Section 38 of the Localism Act 2011. Local Authorities were required by the above Act to prepare an annual Pay Policy Statement for each council financial year, to be approved by Council. The statement attached as an appendix to the report set out the 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.

Moved by Councillor R Waltham MBE and seconded by Councillor J Reed –

The Council is recommended to resolve as follows:

  1. That in determining the resource allocation the Council has taken account of the national context of public finances, the council’s financial resources, the council’s strategic priorities and the advice of the council’s section 151 officer as referred to in report 3(a).
  2. That the general council tax band D rate be set at £1,354.75, which represents an increase of 2.90% from the total 2018/19 band D rate, and the adult social care precept band D rate be maintained at £104.99.
  3. That the revenue budget for 2019/20 be set in total and for each priority area as follows:
Budget 2019/20
     £000’s
Keeping People Safe And Well 62,507
Enabling Communities To Flourish 25,004
Growing The Economy 8,238
Running the Business (organisation) 19,695
Running the Business (technical) 23,085
Priority Total 138,529
Inflationary Provisions 4,625
Other Budgets Total 4,625
Total Net Budget 143,154

4. That all budgets be strictly cash limited to the figures set by the Council and that services ensure tight control of expenditure during the year and take immediate action to contain cost pressures.

5. At the meeting held on 13th December 2018 Council set the following amounts for the year 2019/20:-

(a) 49,442.8 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 Appendix 5 of report 3(a), column 2

6. That the following amounts for 2019/20, as required by the Local Government Finance Act 1992 as amended, be approved:

(a) £72,730,307 being the relevant basic amount of Council tax for 2019/20 (Council Tax requirement for the Council’s own purposes excluding parish precepts but including special expenses).

(b) £336,741,740 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) £262,466,326 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) £74,275,414 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) £1,502.25 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) £2,101,781 being the aggregate amount of all special items and Parish precepts referred to in Section 34(1) of the Act, as per Appendix 5A (Total of all Parish Precepts and Special Expenses)

(g) £1,459.74 being the amount at 6(e) above less the result given by dividing the amount at 6(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) £34.71 being the amounts to be added to the amount at 6(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 5(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

(i) As shown in Appendix 5A being the amounts given by multiplying the amounts at 6(g) and 6(h) above by the number which, in the proportion set out in Section 5(1) of the Act, is applicable to dwellings listed in a particular valuation band divided by the number which in that proportion is applicable to dwellings listed in valuation band D, calculated by the Council, in accordance with Section 36(1) of the Act, as the amounts to be taken into account for the year in respect of categories of dwellings listed in different valuation bands.

6.  That it be noted that for the year 2019/20 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 indicated in Appendix 5B.

7.  That having calculated the aggregate in each case of the amounts at 6(i) and 7 above, the Council, in accordance with Sections 30 and 36 of the Local Government Finance Act 1992, hereby sets the aggregate amounts shown in the tables in Appendix 5B as the amounts of Council Tax for 2019/20 for each part of its area and for each of the categories of dwellings (council tax including police, fire and parish precept for each band and each parish).

8.  That the Council’s basic amount of Council Tax for 2019/20 is not excessive in accordance with principles approved under Section 52ZB Local Government Finance Act 1992.

9.  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 adequacy of reserves included in the budget 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 at Appendix 3 of report 3(a) attached be confirmed.

11.  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 4 of report 3(a).

12.  That the indicative Medium Term Financial Plan for 2019/23 as set out in revised Appendix 1 of report 3(a) be approved and the council tax increase be set at 2.90% in 2019/20.

13.  That the Council’s Chief Financial Officer be authorised to make technical budget adjustments to the management accountabilities structure and subjective analysis in 2019/20 in line with financial procedure rules.

14.  That the Council’s Chief Financial Officer be authorised to produce the necessary taxpayer information on the Council website.

15.  That the capital investment strategy outlined in Appendix A of report 3(b) be approved.

16.  That the capital programme for 2018/19 at Appendix B of report 3(b) be approved.

17.  That the capital programme and investment resource for 2019/22 at Appendix C of report 3(b) be approved.

18.  That, subject to the approval of the Cabinet Member for Finance and Governance, further capital projects may be added to the capital programme when known and assessed by a proper business case within the available resource.

19.  That the Chief Financial Officer be authorised to determine the methods of capital financing within the available funding (revenue budget, capital receipts, borrowing, specific external funding and leasing).

20.  That the Chief Financial Officer be delegated authority to:

  • borrow within authorised limits and the operational boundaries for external debt
  • effect movement between agreed borrowing figures and long term liabilities, in accordance with option appraisal and the achievement of value for money for the council. Movements are to be reported to cabinet or council as appropriate at the next meeting following the change

21.  That the Prudential Indicators contained in Annex E of the Capital Investment Strategy at Appendix A of report 3(b), in accordance with Part 1, sections 3 and 5 of the Local Government Act, 2003 be approved.

22.  That any amendments required to Prudential Indicators during 2019/20 are reported to audit committee, cabinet or council as appropriate.

23.  That the Treasury Management Policy and Treasury Management and Investment Strategy for 2019/20 at Appendix 1 and 2 of report 3(c) be approved.

24.  That the prudential indicators for 2019/22 set out in the strategy at Appendix 3 to the report 3(c) be approved.

25.  That the policy on the Minimum Revenue Provision at Annex 2 in the strategy to the report 3(c) be approved.

26.  That the proposed Pay Policy Statement for 2019/20 contained in report 3(d) be approved and adopted.

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 in determining the resource allocation the Council has taken account of the national context of public finances, the council’s financial resources, the council’s strategic priorities and the advice of the council’s section 151 officer as referred to in report 3(a).
  2. That the general council tax band D rate be set at £1,356.03, which represents an increase of 2.99% from the total 2018/19 band D rate, and the adult social care precept band D rate be maintained at £104.99.
  3. That the revenue budget for 2019/20 be set in total and for each priority area as follows:
Budget 2019/20
£000’s
Keeping People Safe And Well 62,507
Enabling Communities To Flourish 25,104
Growing The Economy 8,238
Running the Business (organisation) 19,695
Running the Business (technical) 23,049
Priority Total 138,593
Inflationary Provisions 4,625
Other Budgets Total 4,625
Total Net Budget 143,218

4.  That all budgets be strictly cash limited to the figures set by the Council and that services ensure tight control of expenditure during the year and take immediate action to contain cost pressures.

5.  At the meeting held on 13th December 2018 Council set the following amounts for the year 2019/20:

(a)  49,442.8 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 Appendix 5 of report 3(a), column 2.

6.  That the following amounts for 2019/20, as required by the Local Government Finance Act 1992 as amended, be approved.

(a)  £72,794,075 being the relevant basic amount of Council tax for 2019/20 (Council Tax requirement for the Council’s own purposes excluding parish precepts but including special expenses).

(b)  £336,805,508 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)  £262,466,326 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)  £74,339,182 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)  £1,503.54 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)  £2,102,262 being the aggregate amount of all special items and Parish precepts referred to in Section 34(1) of the Act, as per Appendix 5A (Total of all Parish Precepts and Special Expenses)

(g)  £1,461.02 being the amount at 6(e) above less the result given by dividing the amount at 6(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)  £34.74 being the amounts to be added to the amount at 6(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 5(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

(i) As shown in Appendix 5A being the amounts given by multiplying the amounts at 6(g) and 6(h) above by the number which, in the proportion set out in Section 5(1) of the Act, is applicable to dwellings listed in a particular valuation band divided by the number which in that proportion is applicable to dwellings listed in valuation band D, calculated by the Council, in accordance with Section 36(1) of the Act, as the amounts to be taken into account for the year in respect of categories of dwellings listed in different valuation bands.

7.  That it be noted that for the year 2019/20 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 indicated in Appendix 5B.

8.  That having calculated the aggregate in each case of the amounts at 6(i) and 7 above, the Council, in accordance with Sections 30 and 36 of the Local Government Finance Act 1992, hereby sets the aggregate amounts shown in the tables in Appendix 5B as the amounts of Council Tax for 2019/20 for each part of its area and for each of the categories of dwellings (council tax including police, fire and parish precept for each band and each parish).

9.  That the Council’s basic amount of Council Tax for 2019/20 is not excessive in accordance with principles approved under Section 52ZB Local Government Finance Act 1992.

10.  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.

11.  That the adequacy of reserves included in the budget 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 atAppendix 3 of report 3(a) attached be confirmed.

12.  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 4 of report 3(a).

13.  That the indicative Medium Term Financial Plan for 2019/23 as set out in revised Appendix 1 of report 3(a) be approved and the council tax increase be set at 2.99% in 2019/20.

14.  That the Council’s Chief Financial Officer be authorised to make technical budget adjustments to the management accountabilities structure and subjective analysis in 2019/20 in line with financial procedure rules.

15.  That the Council’s Chief Financial Officer be authorised to produce the necessary taxpayer information on the Council website.

16.  That the capital investment strategy outlined in Appendix A of report 3(b) be approved.

17.  That the capital programme for 2018/19 at Appendix B of report 3(b) be approved.

18.  That the capital programme and investment resource for 2019/22 at Appendix C of report 3(b) be approved.

19.  That, subject to the approval of the Cabinet Member for Finance and Governance, further capital projects may be added to the capital programme when known and assessed by a proper business case within the available resource.

20.  That the Chief Financial Officer be authorised to determine the methods of capital financing within the available funding (revenue budget, capital receipts, borrowing, specific external funding and leasing).

21.  That the Chief Financial Officer be delegated authority to:

  • borrow within authorised limits and the operational boundaries for external debt
  • effect movement between agreed borrowing figures and long term liabilities, in accordance with option appraisal and the achievement of value for money for the council. Movements are to be reported to cabinet or council as appropriate at the next meeting following the change

22.  That the Prudential Indicators contained in Annex E of the Capital Investment Strategy at Appendix A of report 3(b), in accordance with Part 1, sections 3 and 5 of the Local Government Act, 2003 be approved.

23.  That any amendments required to Prudential Indicators during 2019/20 are reported to audit committee, cabinet or council as appropriate.

24.  That the Treasury Management Policy and Treasury Management and Investment Strategy for 2019/20 at Appendix 1 and 2 of report 3(c) be approved.

25.  That the prudential indicators for 2019/22 set out in the strategy at Appendix 3 to the report 3(c) be approved.

26.  That the policy on the Minimum Revenue Provision at Annex 2 in the strategy to the report 3(c) be approved.

27.  That the proposed Pay Policy Statement for 2019/20 contained in report 3(d) be approved and adopted

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

FOR:   Councillors Ali, Bainbridge, A Davison, Ellerby, L Foster, Godfrey, Gosling, Grant, Kataria, Kirk, Oldfield, O’Sullivan, Swift and Wilson.

AGAINST:      Councillors Allcock, Armiger, Briggs, Clark, J Davison, England, Evison, T Foster, Glover, Longcake, Marper, Mumby-Croft, Ogg, Poole, Reed, Robinson, Rose, Rowson, C Sherwood, N Sherwood, K Vickers, P Vickers, 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 Allcock, Armiger, Briggs, Clark, J Davison, England, Evison, T Foster, Glover, Longcake, Marper, Mumby-Croft, Ogg, Poole, Reed, Robinson, Rose, Rowson, C Sherwood, N Sherwood, K Vickers, P Vickers, Waltham MBE and Wells.      

AGAINST:           Councillors Ali, Bainbridge, A Davison, Ellerby, L Foster, Godfrey, Gosling, Grant, Kataria, Kirk, Oldfield, O’Sullivan, Swift and Wilson.

ABSTAINING:           Nil.

Motion Carried.