Purpose

To consider draft budget proposals for 2025/26
and the MTFS period to 2028/29.

Decision

1)            
Note the 2024/25 current year forecast outturn position as detailed
in section 5 of the report.
 

2)            
Note the revised Medium Term Financial Strategy position set out in
section 10 of the report and the risks and sensitivities associated
with the forecast and the contingency plans set out in section 19
of the report.
 

3)            
Note that consultation will run for 8 weeks during November and
December 2024 as detailed in section 26 of the report.
 

4)            
Approve the budget proposals for consultation, including the
proposals for changes to fees and charges, detailed in sections 7,
10 to 15 and appendices 1 and 4, with the Equality Impact
Assessments (EIAs) detailed in appendix 3 of the report.
 

5)            
Note that this update shows a balanced budget in 2025/26, 2026/27
and 2027/28, with a residual budget gap in the last year of the
MTFS that will need addressing following any update on central
government funding from the provisional local government finance
settlement (PLGFS).
 

6)            
Note the initial proposals for additions to the capital programme
for 2025/26 to 2028/29 in section 17 and appendix 2 of the
report.