Council finances and accounts

Council budget

The council's budget for the financial year from 1 April 2017 to 31 March 2018, was agreed at a meeting of the Council on 22 February 2017.

The General Fund budget proposals report and appendices is below.

How the budget was agreed

At the meeting in February, it was resolved that the Council:

1.1 Considers and acknowledges the Section 151 Officer's (Director of Finance and IT's) report on the robustness of the proposed budget, the adequacy of the Council's reserves and the Reserves Strategy as set out in Appendix 1, including the conditions upon which the following recommendations are made.

1.2 Following the considerations of Corporate Overview and Scrutiny and the Cabinet, agree to a 3% council tax increase in respect of Adult Social Care.

1.2.1 Thurrock Council believes that the adult social care precept is unable solve the Adult Social Care funding crisis that exists, not only here in Thurrock but, nationally. Council calls on central government to urgently put in place proper and sustainable funding of adult social care and put in place a long-term strategy to deal with increasing pressures.

1.3 Following the considerations of Corporate Overview and Scrutiny and the Cabinet, agree to a 1.98% council tax increase in support of the general budget.

1.5 Approve the Dedicated Schools Grant as set out in section 7 and Appendix 4.

Statutory Council Tax Resolution

1.6 Approve the new General Fund capital proposals, including the allocation for feasibility work on future and aspirational proposals, as set out in section 8 and Appendix 5.

1.7 Delegate to Cabinet the ability to agree schemes where it can be evidenced that there is a spend to save opportunity or that use any unbudgeted contributions from third parties, including those by way of grants or developers' contributions, and these be deemed as part of the capital programme.

Statutory council tax resolution

1.8 Calculate that the council tax requirement for the Council's own purposes for 2017/18 is £61,682,537 as set out in the table at paragraph 4.6 of this report.

1.9 That the following amounts be calculated for the year 2017/18 in accordance with Sections 31 to 36 of the Act:

(a) £381,756,591 being the aggregate of the amounts which the Council estimates for the items set out in Section 31A(2) of the Act.

(b) £320,074,054 being the aggregate of the amounts which the Council estimates for the items set out in Section 31A(3) of the Act.

(c) £61,682,537 being the amount by which the aggregate at 1.9(a) above exceeds the aggregate at 1.9(b) 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 of the Act).

(d) £1,226.61 being the amount at 1.9(c) above (Item R), all divided by Item T (Council Tax Base of 50,287), calculated by the Council, in accordance with Section 31B of the Act, as the basic amount of its council tax for the year (including Parish precepts).

(e) £0 being the aggregate amount of all special items (Parish precepts) referred to in Section 34(1) of the Act.

(f) £1,226.61 being the amount at (d) above less the result given by dividing the amount at (e) 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.

1.10 To note that the Police Authority and the 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 the tables below.

1.11 That 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 below as the amounts of council tax for 2017/18 for each part of its area and for each of the categories of dwellings.

2017/18 Thurrock Council amounts for council tax

Valuation band Amount (£)
A 817.74
B 954.03
C 1,090.32
D 1,226.61
E 1,499.19
F 1,771.77
G 2,044.35
H 2,453.22

2017/18 Essex Police Authority amounts for council tax

1.12 That it be noted that for the year 2017/18 Essex Police Authority has stated the following amounts in precept issued to the Council for each of the categories of dwellings as follows:

Valuation band Amount (£)
A 104.70
B 122.15
C 139.60
D 157.05
E 191.95
F 226.85
G 261.75
H 314.10

2017/18 Essex Fire Authority amounts for council tax

1.13 That it be noted that for the year 2017/18 Essex Fire Authority has stated the following amounts in precept issued to the Council for each of the categories of dwellings as follows:

Valuation band Amount (£)
A 46.02
B 53.69
C 61.36
D 69.03
E 84.37
F 99.71
G 115.05
H 138.06

2017/18 Council tax, including fire and police authority precepts

Valuation band Amount (£)
A 968.46
B 1,129.87
C 1,291.28
D 1,452.69
E 1,775.51
F 2,098.33
G 2,421.15
H 2,905.38

Read the General Fund budget proposals 2017/18 - full agenda, minutes and resolution.