Cabinet on 7 December approved a draft revenue budget for 2022/23 for consultation.  This report feeds back the results of the consultation, updates the budget for the local government finance settlement that was announced in late December and proposes a final budget for Council to determine on 22 February 2022.

In accepting the recommendations, Cabinet will approve and recommend to Council adding a further £140,000 to the 2022/23 Make a Difference budget; approve a Net Revenue Budget for 2022/23 of £11,336,370; approve an increase of £5 to set a Council Tax of £119.48 per band D property; and approve the Council Tax Requirement for Hambleton District Council for 2022/23 of £4,529,176.

The subject of the decision:

Cabinet on 7 December 2021 approved a draft revenue budget for 2022/23 for consultation.  This report fed back the results of the consultation, updated the budget for the local government finance settlement that was announced in late December and proposed a final budget for Council to determine on 22 February 2022.

Alternative options considered:

None.

The reason for the decision:

To take account of the requirements of the Local Government Finance act 1992 to set a balanced budget and monitor the financial position throughout the year.

The decision:

That Cabinet approves and recommends to Council:-

(1)     adding a further £140,000 to the 2022/23 Make a Difference budget;

(2)     approve a Net Revenue Budget for 2022/23 of £11,336,370;

(3)     approve an increase of £5 to set a Council Tax of £119.48 per band D property; and

(4)     approve the Council Tax Requirement for Hambleton District Council for 2022/23 of £4,529,176.