Purpose

To approve the
General Fund Revenue and Capital Budget 2026-27

Content

RESOLVED THAT: Cabinet recommends that
Council:
 

1.   
approves the revised budget for 2025/26
which is reported as part of the budget monitoring process in
Section 6 and Appendix 15.

2.   
considers the budget assessment by the
Section 151 Officer at Appendix 2 when agreeing the following
recommendations.

3.   
approves the final budget proposals
including a proposed council tax for the services provided by
Cheltenham Borough Council of £252.11 for the year 2026/27
based on a Band D property (an increase of 2.99%).

4.   
approves the budget strategy for the
delivery of savings / additional income totalling £582,852 at
Appendix 4.

5.   
approves the revenue growth items
totalling £159,334 at Appendix 5.

6.   
approves the capital programme at
Appendix 6.

7.   
approves that the minimum level of
General Fund Balances is set at £1.5m.

8.   
approves the use of reserves and general
balances and note the projected level of reserves, as detailed at
Appendix 7.

9.   
approves the programmed maintenance
programme at Appendix 8.

10. approves the Local
Council Tax Support Scheme for working age customers in Appendix
9.

11. approves the
Medium-Term Financial Strategy (MTFS) detailed in Appendix 10.

12.approves the Pay
Policy Statement for 2025/26, including the continued payment of a
living wage supplement at Appendix 11.

13.approves the proposed
fees and charges schedule for 2026/27 at Appendix 12, subject to
appropriate consultation where required.

14.approves the Minimum
Revenue Provision Policy 2025/26 at Appendix 13.