Agenda and minutes

Special Cabinet (Budget), Cabinet - Wednesday 26th January 2022 10:00am

Venue: Council Chamber, County Buildings, Stafford. View directions

Contact: Mike Bradbury Email: michael.bradbury@staffordshire.gov.uk

Media

Items

No.

Item

107.

Strategic Plan 2022-26 PDF 429 KB

Leader of the Council

Additional documents:

Minutes:

“Staffordshire is a great county: blessed by its location, history and natural beauty, it is home to national attractions and international businesses, as well as offering a great quality of life.

Our greatest asset is our residents, and this Strategic Plan lays out how, working with others, we will help them by laying the foundation for aspiration and opportunity, providing the conditions for the creation of good jobs and by promoting good health, wellbeing and independence – particularly in later life.

There are challenges, particularly the increasing cost of looking after the most vulnerable. However, we will always help and in the next few years we will work to reverse the number of children coming into care and to shape a stable marketplace for older people to access the support they need at a cost we can all afford.

All this will be achieved by working with our residents. The response to the Pandemic demonstrated the strength and resilience of our communities and they continue to be the rock upon which all our achievements are built”.

Cllr Alan White, Leader of the Council

Reasons for the Decision – To receive an update on developing the Strategic Plan for 2022-26.

Decision – (a) That the progress made in developing the Strategic Plan 2022-26 and be noted and that it be referred to the County Council for approval on 10 February 2022.

(b) That the comments and recommendations of the Corporate Overview and Scrutiny Committee and the Executive’s response thereto be noted.

(c) That the Leader of the Council and the Chief Executive be authorised to finalise the details of the Strategic Plan 2022-26 prior to final publication.

108.

Medium Term Financial Strategy 2022 – 2027 PDF 2 MB

Leader of the Council and Cabinet Member for Finance and Resources

Additional documents:

Webcast for 108.

Minutes:

“Despite another challenging year for society, we look forward with confidence in the ability and resourcefulness of Staffordshire’s residents, communities and businesses to work together for a better future.

We are committed to continued investment in business development, school expansion and town centre regeneration projects, as well as additional road repairs and preparing for the next generation of broadband to meet the needs of our growing county and create good jobs on our doorstep”.

Cllr Alan White, Leader of the Council

“We are a well-run authority that continues to balance its books every year, while investing in Staffordshire’s future.

As before, around two-thirds of our annual expenditure is on the provision of adult social care

and support for young people and their families.

Despite innovative approaches and joint working with partners, the need to find permanent, national solutions remains”.

Ian Parry, Cabinet Member for Finance and Resources.

Reasons for the Decision – To consider the Medium Term Financial Strategy (MTFS) for the period 2022-2027 and the draft budget for 2022/23.

Decision – (a) That the updates to the financial plans, as set out in the report, be received.

(b) That the comments of the County Treasurer on the adequacy of reserves and robustness of the budget be noted and that the County Council be asked to take note of these comments when considering the budget and council tax.

(c) That the comments and recommendations of the Corporate Overview and Scrutiny Committee and the Executive’s response thereto be noted.

(d) That it be recommended to the County Council on 10th February 2022 that they consider and approve the following:

(i) a net revenue budget of £567.826m for 2022/23;

(ii) planning forecasts for 2023/24 to 2026/27 as set out in Appendix 11 to the report;

(iii) a contingency provision of £10.000m for 2022/23;

(iv) a net contribution to reserves and general balances of £14.908m for 2022/23;

(v) a budget requirement of £582.734m for 2022/23;

(vi) a council tax requirement of £406.258mfor 2022/23;

(vii) a council tax at Band D of £1,401.30 for 2022/23 which is an increase of 2.99% when compared with 2021/22;

(viii) this results in council tax for each category of dwelling as set out in the table below:

Category of dwelling	Council Tax rate £
Band A	934.20
Band B	1,089.90
Band C	1,245.60
Band D	1,401.30
Band E	1,712.70
Band F	2,024.10
Band G	2,335.50
Band H	2,802.60

(ix) that the County Treasurer be authorised to sign precept notices on the billing authorities respectively liable for the total precept payable and that each notice states the total precept payable and the council tax in relation to each category of dwelling as calculated in accordance with statutory requirements;

(x) the Financial Health Indicators set out in Appendix 10 to the report.

(e) That it be recommended to the County Council on 10th February 2022 that they consider and approve the following recommendations which are included within the Capital and Minimum Revenue Provision Strategy 2022/23, the Treasury Management Strategy 2022/23 ... view the full minutes text for item 108.