Purpose

1.1 The purpose of this report is to set out
the Council’s budget proposals for 2025/26.

Content

Cabinet RESOLVED:
 

(1)       
To note the overall financial position.

 

(2)       
To agree to consult on the new budget proposals, as
set out in Appendices A and B of the report.

 

(3)       
To agree to consult on a Council Tax increase of
4.99% (consisting of a 2.99% general increase plus 2% for the Adult
Social Care Precept) in 2025/26.

 

(4)       
To endorse the approach to the statutory process of
consultation, scrutiny and equalities between November 2024 and
February 2025, as set out in section ten of the report.

 

(5)       
To endorse the changes to the technical budget
assumptions underpinning the budget, as set out in section six and seven of the
report.

 

(6)       
To note the position with regard
to the funding for Schools and the Dedicated Schools Grant,
as set out in section eleven of the report.

 

(7)       
To note the position with regard
to the Housing Revenue Account, as set out in section twelve
of the report.

 
(8)       
To note the position with regard
to the Capital programme, as set out in section thirteen of
the report.
 
Eligible for call-in:
Yes

 
Deadline for submission of
call-in: 6pm on Tuesday 19 November 2024