Draft Revenue Budget 2025-26 and draft Medium-Term Financial Strategy to 2027-28

December 17, 2024 Cabinet (Cabinet collective) Key decision Approved View on council website

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Summary

...to allow for general consultation, the draft budget for 2025/26, the Medium-Term Financial Strategy to 2027/28, the draft Public Health budget for 2025/26, and a proposal to increase core Council Tax and Adult Social Care Precept Council Tax by a percentage each year until 2027/28 were approved, while also noting the estimated budget gap, the lack of structured changes to the schools funding formula, the assumed funding for social care, and authorizing the Strategic Director of Finance to agree to Harrow's contribution to the London Borough's Grant Scheme.

Full council record
Purpose

To
approve the Draft Budget for 2025-26 and MTFS to 2027-28 for
general consultation and to note proposal for the Council Tax for
2025-26.
 

Related Meeting

Cabinet - Tuesday 17 December 2024 6.30 pm on December 17, 2024

Supporting Documents

Appendix 1B Savings and Growth from 2024-25 2023-24 Budget Process.pdf
Draft Budget 2025-26 and MTFS Report -17 Dec 2024 cabinet v2 Final for Cabinet.pdf
Appendix 3 - Public Health Budget.pdf
Appendix 1A Savings and Growth 2025-26 to 2027-28_All Directorates for December cabinet 2024-12-07.pdf
Appendix 2 MTFS 2025-26 to 2027-28 for Dec Budget report 2024-12-07.pdf
Appendix 4 - School Budgets 2025-26.pdf
Reference for Cabinet - PF - Draft Revenue Budget - 12-12-24.pdf

Details

OutcomeRecommendations Approved
Decision date17 Dec 2024
Subject to call-inYes