Decision details

Business Planning and Budget 2018/2019

Decision Maker: West Yorkshire Combined Authority

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Approval of the annual revenue and capital programme budgets and the transport levy for 2018/19.

Consideration of the outline corporate plan for the West Yorkshire Combined Authority (WYCA) for 2018/19 and its strategic aims on behalf of local people.

Decision:

Resolved:

 

(i)         That the approach to the corporate plan for 2018/19 be endorsed.

 

(ii)        That the revised budget/forecast for 2017/18 and the proposed budget for 2018/19 for WYCA be approved.

 

(iii)       That the indicative capital programme for 2018/19 – 2020/21 be approved.

 

(iv)       That the Transport Committee be delegated to approve individual schemes within the integrated transport block of the 2018/19 capital programme up to a maximum cost of £3m.

 

(v)        That in accordance with the powers contained in the Local Government Finance Act 1988 (as amended) and by virtue of article 9(6) of the West Yorkshire Combined Authority Order and the Transport Levying Bodies Regulations 2015 (as amended) a levy of £105m be determined for the year ended 31 March 20189.

 

(vi)       That the Chief Financial Officer be authorised to issue the levy letter in respect of the financial year ending 31 March 2019 to the five District Councils in West Yorkshire.

 

(vii)      That a payment of £5.099m be made to the District Councils in accordance with Table 2 of the report.

 

(viii)     That the Chief Financial Officer be authorised to arrange appropriate funding for all expenditure in 2017/18 and 2018/19 subject to statutory limitation, including the most appropriate application of capital funding as set out in the report.

 

(ix)       That the expenditure of highways maintenance funding of £28.4m and the pothole action fund of £2.2m, to be paid quarterly to the West Yorkshire local authorities in accordance with the DfT formula, and for the Director of Resources to vary these amounts should DfT revise the payments from those provisionally indicated be approved.

 

(x)        That the policy, effective from 2017/18, for recovering the WYCA costs of managing the capital programme against the capital programme spend being mainly Growth Deal, Leeds Public Transport Investment Programme and Local Transport Plan Integrated Transport be approved. For 2018/19 the estimated total value is £5.24m (2%-3%).

 

(xi)       That the adoption of the CIPFA Code of Practice for Treasury Management in Public Services be reaffirmed.

 

(xii)      That the treasury management policy as set out in Appendix 4 be approved.

 

(xiii)     That the prudential limits for the next three years as set out in Appendix 4 be adopted.

Report author: Jonathan Sheard

Publication date: 01/02/2018

Date of decision: 01/02/2018

Decided at meeting: 01/02/2018 - West Yorkshire Combined Authority

Effective from: 10/02/2018

Accompanying Documents: