Decision details

To approve: The General Fund and Housing Revenue Account Budget for 2022/23 including the use of reserves, Medium Term Financial Strategy, Capital Programme and Strategy, Treasury Management Strategy, MRP Policy and Annual Investment Strategy, Fees and Charges for 2022/23, the Annual Delivery Plan and approval of Council Tax for recommendation to Full Council.

That the Cabinet recommends to Full Council:

1. That the Revenue Estimates for the General Fund, Housing Revenue Account and Spalding Special Expenses for 2022/23 (Appendices A and C) be approved.
2. That the use of Reserves detailed at Appendix D be approved.
3. That the Council Tax for a Band A property in 2022/23 be set at £126.42 (£3.30 per annum increase on 2021/22 levels) and Band D £189.63 for 2022/23 (a £4.95 per annum increase on 2021/22 levels).
4. That the Spalding special expenses for a Band A property be set at £16.38 for 2022/23, (previously £16.12 in 2021/22) and Band D £24.57 for 2022/23, (previously £24.18 in 2021/22).
5. That the Medium Term Financial Strategy (at Appendix B) be approved.
6. That the Capital Strategy and Capital Programme (Appendices E and F) be approved.
7. That the Fees and Charges for 2022/23 (at Appendix G) be approved.
8. That the Treasury Management Statement and Strategy, including the Minimum Revenue Provision Policy and Investment Strategy be approved. (Appendices H and I)
9. That the South and East Lincolnshire Council’s Annual Delivery Plan 2022/23 (Appendix J) be approved; and
10. That delegated authority be given to the Deputy Chief Executive Corporate Development (S151), in consultation with the Portfolio Holder for Finance, Strategy and Partnerships, to make any necessary amendments to the budget prior to Council due to late notifications

·         To comply with the budgetary and policy framework.

No other options were put forward.