Purpose

Report proposing the General Fund revenue
estimates for and to recommend the Band D level of Council Tax for
2024/25 .

Content

Agreed:
 
RECOMMENDED
that Council:-
 
(1) approve the overall
spending proposals in respect of its General Fund and HRA revenue
budgets;
(2) approve the General Fund
and HRA Capital Programmes, subject to the identification of
sufficient capital receipts to finance the new General Fund Capital
bids in respect of IT and that the final decision be delegated to
the Director Finance, in consultation with the Leader and Chief
Executive.
(3) in agreeing the
recommendations, consider the Section 151 Officer budget assessment
in 8.17 of the report.
(4) approve setting the General
Fund minimum Balance at £3.020 million for 2024/25 and the
HRA minimum Balance at £3.525 million for 2024/25.
(5) approve the Council Tax for
each Band recommended to the Council as set out in section 8.19.3
subject to Devon County Council, OPCC Devon and Cornwall and the
Devon and Somerset Fire Authority confirming their Band D levels
respectively.
(6) approve the revised Council
Tax levels submitted to Council on 20 February 2024, when the
actual Council Tax amounts for Devon County Council, Devon and
Cornwall Police and Crime Commissioner and the Devon and Somerset
Fire Authority are set.
 
Reason for Decision: As set
out in the report.