2024-25 BUDGET PROPOSALS - FINANCIAL ANALYSIS, INITIAL FINANCIAL OUTLOOK AND BUDGET PROPOSALS FOR 2024-25 AND BEYOND
January 11, 2024 Executive (Other) Approved View on council websiteFull council record
Content
Resolved –
That
having considered the Council’s Public sector equality duty
as set out in Document “AE”, Executive:
(1) Approved for
consultation as required with the public, interested parties, staff
and Trade Unions the proposed Council Tax and Social Care precept
for 2024-25 as set out in section 5.1. to Document
“AE”.
(2) Noted the recurring pressures
as set out in Appendix B to Document
“AE”.
(3) Noted the savings
previously consulted on as set out in Appendix C to Document
“AE”.
(4) Approved for consultation
as required with the public,
interested parties, staff and Trade Unions the new savings
proposals as set out in Appendix D to Document
“AE”.
(5) Noted the Financing and
central budget adjustments as set out inAppendix E to Document
“AE”.
(6) Noted the
proposed new capital schemes and removals from the Capital
investment plan as set out in section 10 to Document
“AE”.
(7) Approved a
HRA rent increase in accordance with the
Government’s Rent Standard of CPI (6.7% as at September
2023) +1%, in total 7.7%, for Council
housing stock from 1 April
2024.
(8) Approved an
increase to HRA service charges for Tenants in Extra Care of CPI (6.7% as at September 2023) that
is 6.7% from 1 April 2024.
(9) Approved the consultation
mechanisms and processes as set out in section 12 to Document
“AE”.
(10) Approved to join the
LCR Business Rates pool as outlined in section 5.10 to Document
“AE”, noting that thecontinuation of the Pool will be dependent on none of the member
authorities choosing to withdraw within the statutory period after
designation.
To be actioned by: Director of Finance
Overview and Scrutiny
Committee: Corporate
(Andrew Cross – 01274 436823)
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 11 Jan 2024 |