1. Budget Time Again! Budget Consultation 5th September to 21st October 2016
Alison Turner CPFA Group Manager Finance (Section 151 Officer) September 2016

2. Annual Budget Consultation
Summary of Last Years Consultation
1,210 completed forms, small decrease.
Overall satisfaction down slightly 66.8%
47.4% said Council Tax represented VFM, up slightly, still 36.9% don’t Know!
Waste Collection, Recycling and Emergency Response (Flooding) most important services.
27.8% were in favour of reducing/stopping services rather than increasing Council Tax (43.0% against)
70.1% in favour that SDC should charge to cover service provision rather than subsidise

3. How much of a typical band D Council Tax demand does SDC get
SDC is the billing authority for the area and collects the following;
Typical band D bill £ 1,538.17
Somerset County Council £ 1,081.84
Avon & Somerset Police £
Devon & Somerset Fire & Rescue £
Parishes £
Sedgemoor District Council £

4. How each £ of Council Tax paid is shared out

5. Sedgemoor District Council What do we spend
Figures are 2016/17 Budgets (approved 24th Feb 2016)
Annual net budget General Fund (non- housing)
£18.9 million
Capital programme
£1.1 million General Fund

6. Where we spend our money (£million)
Other is

7. Main Funding of Net Expenditure

8. Issues - National & Local
Local Issues
Asset Management
Drainage Board Levies/Somerset Rivers Authority
Service and resource implications of the Hinkley Point C project
Implications of County savings
The National Picture
Future of Local Government Funding
Implications of Universal Credit
Land Registry Reforms
Devolution
Brexit

9. Estimated General Fund Funding Gap over 5 years
Minimum Balances £1.7million

10. Balancing the Medium Term Budget :
Additional Income Generation
Workforce reductions
Reduce Duplication with HIS
Review Waste Contract
Continuation of the Resource Allocation Panel (RAP)
No additional budgetary provision for inflationary increases on contracts/purchases
Explore new ways of working to include how SDC transact with their customers.
Shared Services Agenda, where the business case demonstrates savings without impacting on service levels.
Strategic Alliance with South Somerset District Council

11. Managed Use of Balances
If members decided to fund up to 2017/18 totally from balances this would create significant financial issues for balancing the 2018/19 budget.

12. Budget Timetable 2016/17 * 2015/16 Outturn Position 29th June 16 a
Carry Forward report
Initial MTFP
7th Sept 16
Budget Consultation
5th Sept – 31st Oct 16
Work on budget proposals
Aug – Oct 16
Capital Programme
16th Nov 16
Consultation with trade unions
November 16
Full MTFP to Executive
23rd Nov 16
Fees & Charges to Executive
Budget Consultation Results to Executive
23rd Nov 16
Leaders High Level Budget Proposals
9th Dec 16
Scrutiny of Leaders Proposals
4th Jan 17
Tax and Rent Set Executive
8th Feb 17
Tax and Rent Set Council
22nd Feb 17

13. QUESTIONS?