Purpose

This report will deal with the
budget setting for the 2024/25 budget. 
The report will highlight issues known once the settlement is
provided.

Content

Appendix 4 (b) is exempt from publication because it
contains information of the kind described in paragraphs 14 and 21
of parts 4 and 5 of Schedule 12A to the Local Government Act
1972.
 
 
RESOLVED:
that having taken account of the comments of the Section 151
Officer in respect of the robustness of the budget and the adequacy
of the reserves as required under Section 25 of the Local
Government Act 2003, and having considered the responses to the
Budget Consultation Council be recommended to:
 

1.0          
Approve the Revenue, Capital and Housing Revenue
Account budgets including all associated proposals and assumptions
as set out in this report and increasing the Council Tax by 6.0%
and that the Council resolve the following terms.
 

2.0    
Note that at its meeting on 14 December 2023 Cabinet calculated the
following amounts for the year 2024/25 in accordance with the
regulations made under Section 33(5) of the Local Government
Finance Act 1992:
 

a)         
151,372 being the amount calculated in accordance
with Regulation 3 of the Local Authorities (Calculation of Council
Tax Base) (Wales) Regulations 1995, as amended, as its Council Tax
base for the year.
 

Lisvane

3,068

Pentyrch      

3,709

Radyr

4,090

St. Fagans

2,006

Old St. Mellons

2,512

Tongwynlais

830

 

being the amounts calculated in accordance with
Regulation 6 of the Regulations as the amounts of its Council Tax
base for the year for dwellings in those parts of its area to which
special items relate.

 

2.1    
Agree that the following amounts be now calculated by the County
Council of the City and County of Cardiff for the year 2024/25 in
accordance with Sections 32 to 36 of the Local Government Finance
Act 1992:-

 

a)         
Aggregate of the amounts which the Council estimates
for the items set out in Section 32(2)(a) to (d) (including
Community Council precepts totalling £568,735).             
£1,326,949,735

 

b)         
Aggregate of the amounts which the Council estimates
for items set out in Section 32(3)(a) and (c).

 
£480,997,000
 

c)         
Amount by which the aggregate at 2.1(a) above
exceeds the aggregate at 2.1(b) above calculated in accordance with
Section 32(4) as the budget requirement for the year.            
£845,952,735

 

d)         
Aggregate of the sums which the Council estimates
will be payable for the year into its Council Fund in respect of
Revenue Support Grant, its council tax reduction scheme,
redistributed Non-Domestic Rates.

£623,157,566

 

e)         
The amount at 2.1(c) above less the amount at 2.1(d)
(net of the amount for discretionary relief of £400,000), all
divided by the amount at 2.0(a) above, calculated in accordance
with Section 33(1) as the basic amount of Council Tax for the
year.                                      

£1,474.48

 

f)           
Aggregate amount of all special items referred to in
Section 34(1).  

£568,735

 

g)         
Amount at 2.1(e) above less the result given by
dividing the amount at 2.1(f) above by the amount at 2.0(a) above,
in accordance with Section 34(2) of the Act, as the basic amount of
Council Tax for the year for dwellings in those parts of the area
to which no special items relate.                                                                                          

£1,470.72

 

h)         
The amounts given by adding to the amount at 2.1(g)
above the amounts of special items relating to dwellings in those
parts of the Council's area mentioned below, divided in each case
by the amount at 2.0(b) above, calculated in accordance with
Section 34(3) as the basic amounts of Council Tax for the year for
dwellings in those parts of the area to which special items
relate.
 

Lisvane                                      
1,494.35

Pentyrch                                    
1,523.32

Radyr
& Morganstown                
1,511.13

St Fagans                                  
1,496.49

St Mellons                                  
1,492.72

Tongwynlais                               
1,505.54
 

i)            
The amounts given by multiplying the amounts at
2.1(g) and 2.1(h) above by the number which in the proportion set
out in the Council Tax (Valuation Bands) (Wales) Order 2003 is
applicable to dwellings listed in a particular valuation band
divided by the number which in that proportion is applicable to
dwellings listed in valuation band D calculated in accordance with
Section 36(1) of the Act as the amounts to be taken into account
for the year in respect of categories of dwellings listed in
different valuation bands.

 

 

 

A

B

C

D

E

F

G

H

I

 

£

£

£

£

£

£

£

£

£

Area

 

 

 

 

 

 

 

 

 

Lisvane

996.23

1,162.27

1,328.31

1,494.35

1,826.43

2,158.50

2,490.58

2,988.70

3,486.82

Pentyrch

1,015.55

1,184.80

1,354.07

1,523.32

1,861.84

2,200.35

2,538.87

3,046.64

3,554.41

Radyr

1,007.42

1,175.32

1,343.23

1,511.13

1,846.94

2,182.74

2,518.55

3,022.26

3,525.97

St.
Fagans

997.66

1,163.93

1,330.22

1,496.49

1,829.05

2,161.59

2,494.15

2,992.98

3,491.81

Old St. Mellons

995.15

1,161.00

1,326.87

1,492.72

1,824.44

2,156.15

2,487.87

2,985.44

3,483.01

Tongwynlais

1,003.69

1,170.97

1,338.26

1,505.54

1,840.11

2,174.67

2,509.23

3,011.08

3,512.93

All other parts of the
Council’s Area

980.48

1,143.89

1,307.31

1,470.72

1,797.55

2,124.37

2,451.20

2,941.44

3,431.68

 

2.2    
Note that for the year 2024/25, the Police and Crime Commissioner
for South Wales has stated the following amounts in precepts issued
to the Council, in accordance with Section 40 of the Local
Government Finance Act 1992 for each of the categories of dwelling
shown below:-

 

VALUATION BANDS

 

A

B

C

D

E

F

G

H

I

 

£

£

£

£

£

£

£

£

£

 

235.11

274.30

313.48

352.67

431.04

509.41

587.78

705.34

822.90

 

2.3    
Having calculated the aggregate in each case of the amounts at
2.1(i) and 2.2 above, the County
Council of the City and County of Cardiff in accordance with
Section 30(2) of the Local Government Finance Act 1992 hereby sets
the following amounts as the amounts of Council Tax for the year
2024/25 for each of the categories of dwellings shown
below:-

 

 

Part of Council's Area

VALUATION BANDS

 

 

 

 

A

B

C

D

E

F

G

H

I

 

£

£

£

£

£

£

£

£

£

Area

 

 

 

 

 

 

 

 

 

Lisvane

1,231.34

1,436.57

1,641.79

1,847.02

2,257.47

2,667.91

3,078.36

3,694.04

4,309.72

Pentyrch

1,250.66

1,459.10

1,667.55

1,875.99

2,292.88

2,709.76

3,126.65

3,751.98

4,377.31

Radyr

1,242.53

1,449.62

1,656.71

1,863.80

2,277.98

2,692.15

3,106.33

3,727.60

4,348.87

St.
Fagans

1,232.77

1,438.23

1,643.70

1,849.16

2,260.09

2,671.00

3,081.93

3,698.32

4,314.71

Old
St. Mellons

1,230.26

1,435.30

1,640.35

1,845.39

2,255.48

2,665.56

3,075.65

3,690.78

4,305.91

Tongwynlais

1,238.80

1,445.27

1,651.74

1,858.21

2,271.15

2,684.08

3,097.01

3,716.42

4,335.83

All
other parts of the Council’s
Area

1,215.59

1,418.19

1,620.79

1,823.39

2,228.59

2,633.78

3,038.98

3,646.78

4,254.58

 

 

2.4    
Authorise the Corporate Director Resources to make
payments under Section 38 of the Local Government (Wales) Act 1994
from the Council Fund by equal instalments on the last working day
of each month from April 2024 to March 2025 in respect of the
precept levied by the Police and Crime Commissioner for South Wales
in the sum of £53,384,363.
 

2.5    
Agree that the Common Seal be affixed to the said Council
Tax.

 

2.6    
Agree that the Common Seal be affixed to precepts for Port Health
Expenses for the period 1 April 2024 to 31 March 2025
namely
 

 

    £

County Council of the
City and County of Cardiff

155,460

Vale
of Glamorgan County Borough Council

17,620

 

 

2.7    
Agree that notices of the making of the said Council Taxes signed
by the Chief Executive be given by advertisement in the local press
under Section 38(2) of the Local Government Finance Act
1992.

3.0     In
accordance with the Local Government Act 2003, the Local Authority
(Capital Finance and Accounting) (Wales) Regulations 2003 and
subsequent amendments and the CIPFA Prudential Code and Treasury
Management Codes of Practice:
 

(a) 
Approve the Capital Strategy 2024/25.

 

(b) 
Approve the Treasury Management Strategy 2024/25 and
authorise the Section 151 Officer to raise such funds as may be
required to finance capital expenditure by temporary or long-term
borrowing.
 

(c)  
Approve the Prudential Indicators for 2024/25
– 2028/29 including the affordable borrowing
limit.
 

(d) 
Delegate to the Section 151 Officer the ability to
effect movement between the limits for borrowing and long-term
liabilities, within the limit for any year, and to bring forward or
delay schemes in the Capital Programme.
 

(e) 
Approve the Minimum Revenue Provision Policy for
2024/25.
 
4.0     To approve the
Budgetary Framework outlined in this report.

 

5.0     To maintain
the current Council Tax Reduction Scheme as set out in this
report.

 
 
 

The Cabinet, having taken account of the comments of
the Section 151 Officer in respect of the robustness of the budget
and the adequacy of the reserves as required under Section 25 of
the Local Government, Act and having considered the responses to
the Budget Consultation is recommended to:
 

6.0    
the changes to fees and charges as set out in Appendix 4 (a) and 4 (b) to this report be approved.

 

7.0    
authority be delegated to the appropriate Director in consultation
with the appropriate Cabinet Member, the Section 151 Officer and
the Cabinet Member for Finance, Modernisation & Performance, to
amend or introduce new fees and charges during the year, subject if
necessary (having regard to the proposed change), to an Equality
Impact Assessment and public consultation being undertaken and the
results thereof being duly considered before the delegated
authority is exercised.

 

8.0     the
financial challenges facing the Council as set out in the
Medium-Term Financial Plan be recognised.

 

9.0     in
the event that final settlement differs from Provisional Settlement
(as set out in paragraph 35 of the report),
there will be a proportionate adjustment to or from
earmarked reserves, and that the Section 151 Officer be authorised
to prepare an addendum to the 2024/25 Budget to reflect the
requisite changes.