Purpose

to agree the Council Budget and
Council Tax

Content

Recommended that Council agree the
Council budget for 2025/26 as set out in the report be approved
 
Recommended that Council agree a 2.99%
increase in the borough element of council tax in support of
service delivery pressures
 
Recommended that Council
agree  an Adult Social Care precept of
2%
 
Recommended that Council agree the
addition to the council tax in 2025/26 on the taxpayers in
premises surrounding the garden in Gloucester Circus SE10 (Section
4 of the report)
 
Recommended that Council
agree  the overall council tax level and
the relevant statutory calculations and resolutions (Section 4 and
Appendix B of the report)
 
Recommended that Council
agree  the schools funding formula for
use in 2025/26 as presented to Schools Forum on 15 January 2025
(Section 5 of the report )
 
Recommended that Council
note   the overall additional cost
of 139p per week at Band D (Section 4 of the report) of decisions
1.2 and 1.3.
 
Recommended that Council
note   that the GLA precept for
2025/26 is due to increase by 4.0% (36p per week at Band D)
(Section 4 of the report)
 
Recommended that Council
note   the level of Dedicated
Schools Grant for Education purposes and that the budget proposals
for 2025/26 were agreed by the Schools Forum on 15 January 2025
(Section 5 of the report)
 
Recommended that Council note the
comments on financial standing, future risk and robustness of the
budget process (Section 6 of the report)
 
Recommended that Council note that it
shall have regard to the s151 / Chief Finance Officer’s
statement in Section 6, as required under s25(2) of the Local
Government Act 2003, when making decisions in this report