Content

RESOLVED:
1.            
That Council
agrees:

a)           
That
the Revenue Budget for 2025/26 totalling £270.178m be
approved.

b)           
That
the Council Tax Band D of £1.759.72 for the Milton Keynes
element of Council Tax, be approved. This is a 4.99% increase on
the previous year (2.99% on the main element plus a 2.00% Adult
Social Care Precept).

c)            
That
the Council Tax requirement for the Council’s own purposes
for 2025/26 (excluding parish precepts) of £175.329m, be
approved.

d)           
That
the following amounts be calculated for the year 2025/26 in
accordance with Sections 31 to 36 of the Local Government Finance
Act 1992 [the “Act”]:

i)

£711,957,752

Being the aggregate of the amounts which the Council
estimates for the items set out in Section 31A(2) of the Act taking
into account all precepts issued to it by parish and town councils.
(Gross expenditure including precepts)

ii)

£523,624,601

Being the aggregate of the amounts which the Council
estimates for the items set out in Section 31A(3). (Net income
excluding Council Tax requirement)

iii)

£188,333,151                                                                                               

As its Council Tax requirement for the year, being the
amount by which the aggregate at (i) above exceeds the aggregate at
(ii) above, calculated by the Council, in accordance with Section
31A(4).

iv)

£1,890.24

As the basic amount of its Council Tax for the year
(including Parish Precepts), being the amount at (iii) above,
divided by the Council Tax Base agreed on 5 November 2024.

v)

£13,003,889

Being the aggregate amount of all special items (Parish
Precepts) referred to in Section 34(1) of the Act.

vi)

£1,759,72

Being the amount at (iv) less the result given by dividing
the amount at (e) above by the Council Tax Base agreed on 5
November 2024, as the basic amount of Council Tax for the year for
Milton Keynes City Council, excluding Parish and Major Precepting
Authorities.

 
That the following amounts be calculated
for Milton Keynes City Council Tax:
Table A – Milton Keynes City Council
Tax

 

VALUATION
BANDS

 

A

£

B

£

C

£

D

£

E

£

F

£

G

£

H

£

MKCC With 2.99% Increase

1,008.47

1,176.55

1,344.63

1,512.71

1,848.87

2,185.03

2,521.18

3,025.42

ASC Levy With Further 2.00% Increase

 
164.67

 
192.12

 
219.56

 
247.01

 
301.90

 
356.79

 
411.68

 
494.02

MKCC
Total 4.99%

1,173.14

1,368.67

1,564.19

1,759.72

2,150.77

2,541.82

2,932.86

3,519.44

e)           
That the amounts given
by multiplying the amount at (f) by the number which, in the
proportion set out in Section 5(1) of the Act, is applicable to all
dwellings listed in each particular valuation band divided by the
number which in that proportion is applicable to dwellings listed
in Valuation Band D, calculated by the Council, in accordance with
Section 36(1) of the Act.
f)             
That for the year
2025/26, Police & Crime Commissioner for Thames Valley, in
accordance with Section 40 of the Local Government Act 1992, has
confirmed the following precepts to the Council for each of the
categories of dwellings:
Table B – PCC for Thames Valley Council
Tax

VALUATION
BANDS

A

£

B

£

C

£

D

£

E

£

F

£

G

£

H

£

188.85

220.33

251.80

283.28

346.23

409.18

472.13

566.56

g)           
That for the year
2025/26, Buckinghamshire and Milton Keynes Fire
Authority, in accordance with Section 40 of the Local
Government Act 1992, has recommended the following precepts to the
Council for each of the categories of dwellings:

 
Table C – Buckinghamshire and Milton Keynes
Fire Authority Council Tax

VALUATION
BANDS

A

£

B

£

C

£

D

£

E

£

F

£

G

£

H

£

56.31

65.69

75.08

84.46

103.23

122.00

140.77

168.92

h)           
That as a result of
the above, the amounts of Council Tax (shown in Appendix A and B) be set in accordance with Sections 30 and
36 of the Local Government Act 1992, for each of the categories of
dwelling shown in the Schedule.
i)             
That the 2025/26
levies payable to the Buckingham and River Ouzel Internal Drainage
Board and the Environment Agency be noted.
j)             
That the Cabinet
response to the Budget and Resources Scrutiny Committee
recommendations on the 2025/26 budget be noted.
k)           
That the revised
Capital Programme has been updated for the increased DfT funding be
noted and approved.
l)             
That the revised Total
HRA Service Charges for 2025/26 be noted and approved.
m)        
That the Reserves Risk
Assessment has been updated to reflect the removal of the statutory
override on IFRS9 Pooled investment funds and the revised minimum
balance is £33.212m be noted.
n)           
That the position for
the Dedicated Schools Grant of £407.174m and the Schools
funding block for 2025/26 be noted and the budget and formula
allocations for the High Needs Block and Early Years Block be
approved.
o)           
That the parking
account estimate for 2025/26 and use of the surplus be
approved.
p)           
That the Housing
Revenue Account Revenue Budget 2025/26 be approved.
q)           
That increases to
housing rents are set at 2.7% for tenants (an average increase of
£2.85 per week) and 7.7% for shared owners (an average
increase of £7.35 per week), the maximum level allowable
under the Rent Standard (CPI + 1%) (para 3.44) be
approved.
r)            
That Garage rents are
not increased for 2025/26.
s)            
That the Housing
Revenue Account service charges be approved.
t)            
That the Rent and
Service Charge Policy be approved.
u)           
That the fees and
charges for 2025/26 (including those fees and charges which are
exceptions to the Income and Collection Policy) be
approved.
v)           
That the Capital
Strategy be approved.
w)         
That the Capital
Programme for 2025/26 to 2029/30 be approved.
x)            
That the resource
allocation for the 2025/26 Tariff programme be approved.
y)           
That the Treasury
Management Strategy for 2025/26 to 2028/29 and the Treasury Policy
Statement, including the Minimum Revenue Provision Policy,
Borrowing Limits be approved.
z)            
That the financial
forecast set out in the Medium Term Financial Plan (MTFP), in
relation to both resources and expenditure, be approved.
2.            
a)      This Council believes
that:
                                 
i.             
Changing weather
conditions and lack of investment incurs increased upkeep costs
across the City Council, including the impact on road maintenance
and other assets especially after flooding.
                               
ii.             
Whilst the public want
action and support with flood resilience and flood defence, regular
funding should be accessed via the Environment Agency.

b)      This Council resolves to
access an additional £10k from Corporate Contingency for the
year 25/26 only, to offer a series of training sessions/webinars to
community groups and other interested parties to assist them to
gain the skills to develop flood plans and Local Flood Groups, so
that our communities can access essential flood resilience funding
from the Environment Agency more quickly.
3.            
This
Council:
a)           
mindful of how many of
its services are now cut to a level that none of us would
wish;

b)           
conscious that the national and international
economic situation offers very little hope of any medium-term
improvement;

c)            
believes that the time has come to consider the
transfer a range of assets and services to parishes on a
significantly larger and faster scale than at present envisaged;
and

d)           
resolves to request the Administration to consider
in the upcoming Corporate Stability Strategy how this might most
effectively be implemented.

 

 

Appendix A

2025/26 BASIC AMOUNT OF COUNCIL TAX

NOTE: Basic Amount of Council Tax includes parish
precepts but excludes Police and Fire Authority precepts

AREAS

BAND A

BAND B

BAND C

BAND D

BAND E

BAND F

BAND G

BAND H

 

£

£

£

£

£

£

£

£

Abbey
Hill [formerly Bradwell Abbey] (PC)

1,218.94

1,422.09

1,625.25

1,828.42

2,234.74

2,641.05

3,047.36

3,656.84

Astwood & Hardmead (PC)

1,217.22

1,420.10

1,622.96

1,825.84

2,231.58

2,637.33

3,043.06

3,651.68

Bletchley & Fenny Stratford (TC)

1,311.28

1,529.83

1,748.38

1,966.93

2,404.03

2,841.12

3,278.21

3,933.86

Bow
Brickhill (PC)

1,290.55

1,505.64

1,720.73

1,935.83

2,366.02

2,796.20

3,226.38

3,871.66

Bradwell (PC)

1,224.69

1,428.82

1,632.93

1,837.05

2,245.28

2,653.52

3,061.74

3,674.10

Broughton & Milton Keynes (PC)

1,214.46

1,416.88

1,619.28

1,821.70

2,226.52

2,631.35

3,036.16

3,643.40

Calverton (PM)

1,173.14

1,368.67

1,564.19

1,759.72

2,150.77

2,541.82

2,932.86

3,519.44

Campbell Park (PC)

1,325.71

1,546.67

1,767.62

1,988.58

2,430.49

2,872.40

3,314.29

3,977.16

Castlethorpe (PC)

1,233.96

1,439.63

1,645.28

1,850.95

2,262.27

2,673.60

3,084.91

3,701.90

Central Milton Keynes (PC)

1,196.42

1,395.83

1,595.23

1,794.64

2,193.45

2,592.26

2,991.06

3,589.28

Chicheley (PM)

1,193.12

1,392.00

1,590.85

1,789.71

2,187.41

2,585.14

2,982.83

3,579.42

Clifton Reynes & Newton Blossomville (PC)

1,200.19

1,400.23

1,600.26

1,800.30

2,200.37

2,600.44

3,000.49

3,600.60

Cold
Brayfield (PM)

1,173.14

1,368.67

1,564.19

1,759.72

2,150.77

2,541.82

2,932.86

3,519.44

Emberton (PC)

1,218.40

1,421.47

1,624.54

1,827.62

2,233.76

2,639.90

3,046.02

3,655.24

Fairfields (PM)

1,239.51

1,446.11

1,652.69

1,859.28

2,272.45

2,685.63

3,098.79

3,718.56

Gayhurst (PM)

1,189.67

1,387.96

1,586.24

1,784.52

2,181.09

2,577.65

2,974.19

3,569.04

Great
Linford (PC)

1,253.54

1,462.47

1,671.39

1,880.32

2,298.17

2,716.02

3,133.86

3,760.64

Hanslope (PC)

1,236.68

1,442.80

1,648.91

1,855.03

2,267.26

2,679.49

3,091.71

3,710.06

Haversham & Little Linford (PC)

1,236.88

1,443.03

1,649.18

1,855.33

2,267.63

2,679.92

3,092.21

3,710.66

Kents
Hill, Monkston & Brinklow (PC)

1,217.61

1,420.55

1,623.49

1,826.43

2,232.30

2,638.17

3,044.04

3,652.86

Lathbury (PM)

1,184.55

1,381.99

1,579.41

1,776.84

2,171.69

2,566.55

2,961.39

3,553.68

Lavendon (PC)

1,214.86

1,417.34

1,619.82

1,822.30

2,227.26

2,632.21

3,037.16

3,644.60

Little Brickhill (PC)

1,240.55

1,447.32

1,654.07

1,860.84

2,274.36

2,687.88

3,101.39

3,721.68

Loughton & Great Holm (PC)

1,203.65

1,404.27

1,604.87

1,805.49

2,206.70

2,607.92

3,009.14

3,610.98

Moulsoe (PC)

1,204.35

1,405.08

1,605.80

1,806.53

2,207.98

2,609.43

3,010.88

3,613.06

New
Bradwell (PC)

1,230.03

1,435.04

1,640.04

1,845.05

2,255.06

2,665.07

3,075.08

3,690.10

Newport Pagnell (TC)

1,328.57

1,550.00

1,771.43

1,992.86

2,435.72

2,878.58

3,321.43

3,985.72

North
Crawley (PC)

1,226.39

1,430.79

1,635.19

1,839.59

2,248.39

2,657.19

3,065.98

3,679.18

Olney
(TC)

1,258.27

1,467.99

1,677.70

1,887.42

2,306.85

2,726.28

3,145.69

3,774.84

Old
Woughton (PC)

1,217.08

1,419.93

1,622.78

1,825.63

2,231.33

2,637.02

3,042.71

3,651.26

Ravenstone (PC)

1,233.10

1,438.62

1,644.14

1,849.66

2,260.70

2,671.73

3,082.76

3,699.32

Shenley Brook End & Tattenhoe (PC)

1,246.47

1,454.23

1,661.97

1,869.72

2,285.21

2,700.71

3,116.19

3,739.44

Shenley Church End (PC)

1,227.81

1,432.45

1,637.08

1,841.72

2,250.99

2,660.26

3,069.53

3,683.44

Sherington (PC)

1,228.51

1,433.27

1,638.02

1,842.78

2,252.29

2,661.80

3,071.29

3,685.56

Simpson & Ashland (PC)

1,226.99

1,431.49

1,635.99

1,840.49

2,249.49

2,658.49

3,067.48

3,680.98

Stantonbury (PC)

1,272.91

1,485.06

1,697.21

1,909.37

2,333.68

2,757.98

3,182.28

3,818.74

Stoke
Goldington (PC)

1,237.30

1,443.52

1,649.74

1,855.96

2,268.39

2,680.83

3,093.26

3,711.92

Stony
Stratford (PC)

1,250.37

1,458.78

1,667.17

1,875.57

2,292.36

2,709.16

3,125.94

3,751.14

Tyringham & Filgrave (PM)

1,183.86

1,381.17

1,578.47

1,775.79

2,170.41

2,565.03

2,959.64

3,551.58

Walton (PC)

1,245.96

1,453.63

1,661.28

1,868.95

2,284.27

2,699.60

3,114.91

3,737.90

Warrington (PM)

1,173.14

1,368.67

1,564.19

1,759.72

2,150.77

2,541.82

2,932.86

3,519.44

Wavendon (PC)

1,217.45

1,420.37

1,623.27

1,826.19

2,232.01

2,637.83

3,043.64

3,652.38

West
Bletchley (PC)

1,294.63

1,510.41

1,726.18

1,941.96

2,373.51

2,805.06

3,236.59

3,883.92

Weston Underwood (PC)

1,233.55

1,439.14

1,644.73

1,850.33

2,261.52

2,672.70

3,083.88

3,700.66

Whitehouse (PM)

1,234.28

1,440.00

1,645.71

1,851.43

2,262.86

2,674.29

3,085.71

3,702.86

Woburn Sands (TC)

1,257.13

1,466.66

1,676.18

1,885.71

2,304.76

2,723.81

3,142.84

3,771.42

Wolverton & Greenleys (TC)

1,321.41

1,541.65

1,761.88

1,982.12

2,422.59

2,863.06

3,303.53

3,964.24

Woughton (PC)

1,402.52

1,636.28

1,870.03

2,103.79

2,571.30

3,038.81

3,506.31

4,207.58

 

 

AVERAGE AMOUNT

1,260.16

1,470.19

1,680.21

1,890.24

2,310.29

2,730.35

3,150.40

3,780.48

Appendix B

2025/26 TOTAL AMOUNT OF COUNCIL
TAX

NOTE: Amount of Council Tax includes Police, Fire
Authority and parish precepts

AREAS

BAND A

BAND B

BAND C

BAND D

BAND E

BAND F

BAND G

BAND H

 

£

£

£

£

£

£

£

£

Abbey
Hill [formerly Bradwell Abbey] (PC)

1,464.10

1,708.11

1,952.13

2,196.16

2,684.20

3,172.23

3,660.26

4,392.32

Astwood & Hardmead (PC)

1,462.38

1,706.12

1,949.84

2,193.58

2,681.04

3,168.51

3,655.96

4,387.16

Bletchley & Fenny Stratford (TC)

1,556.44

1,815.85

2,075.26

2,334.67

2,853.49

3,372.30

3,891.11

4,669.34

Bow
Brickhill (PC)

1,535.71

1,791.66

2,047.61

2,303.57

2,815.48

3,327.38

3,839.28

4,607.14

Bradwell (PC)

1,469.85

1,714.84

1,959.81

2,204.79

2,694.74

3,184.70

3,674.64

4,409.58

Broughton & Milton Keynes (PC)

1,459.62

1,702.90

1,946.16

2,189.44

2,675.98

3,162.53

3,649.06

4,378.88

Calverton (PM)

1,418.30

1,654.69

1,891.07

2,127.46

2,600.23

3,073.00

3,545.76

4,254.92

Campbell Park (PC)

1,570.87

1,832.69

2,094.50

2,356.32

2,879.95

3,403.58

3,927.19

4,712.64

Castlethorpe (PC)

1,479.12

1,725.65

1,972.16

2,218.69

2,711.73

3,204.78

3,697.81

4,437.38

Central Milton Keynes (PC)

1,441.58

1,681.85

1,922.11

2,162.38

2,642.91

3,123.44

3,603.96

4,324.76

Chicheley (PM)

1,438.28

1,678.02

1,917.73

2,157.45

2,636.87

3,116.32

3,595.73

4,314.90

Clifton Reynes & Newton Blossomville (PC)

1,445.35

1,686.25

1,927.14

2,168.04

2,649.83

3,131.62

3,613.39

4,336.08

Cold
Brayfield (PM)

1,418.30

1,654.69

1,891.07

2,127.46

2,600.23

3,073.00

3,545.76

4,254.92

Emberton (PC)

1,463.56

1,707.49

1,951.42

2,195.36

2,683.22

3,171.08

3,658.92

4,390.72

Fairfields (PM)

1,484.67

1,732.13

1,979.57

2,227.02

2,721.91

3,216.81

3,711.69

4,454.04

Gayhurst (PM)

1,434.83

1,673.98

1,913.12

2,152.26

2,630.55

3,108.83

3,587.09

4,304.52

Great
Linford (PC)

1,498.70

1,748.49

1,998.27

2,248.06

2,747.63

3,247.20

3,746.76

4,496.12

Hanslope (PC)

1,481.84

1,728.82

1,975.79

2,222.77

2,716.72

3,210.67

3,704.61

4,445.54

Haversham & Little Linford (PC)

1,482.04

1,729.05

1,976.06

2,223.07

2,717.09

3,211.10

3,705.11

4,446.14

Kents
Hill, Monkston & Brinklow (PC)

1,462.77

1,706.57

1,950.37

2,194.17

2,681.76

3,169.35

3,656.94

4,388.34

Lathbury (PM)

1,429.71

1,668.01

1,906.29

2,144.58

2,621.15

3,097.73

3,574.29

4,289.16

Lavendon (PC)

1,460.02

1,703.36

1,946.70

2,190.04

2,676.72

3,163.39

3,650.06

4,380.08

Little Brickhill (PC)

1,485.71

1,733.34

1,980.95

2,228.58

2,723.82

3,219.06

3,714.29

4,457.16

Loughton & Great Holm (PC)

1,448.81

1,690.29

1,931.75

2,173.23

2,656.16

3,139.10

3,622.04

4,346.46

Moulsoe (PC)

1,449.51

1,691.10

1,932.68

2,174.27

2,657.44

3,140.61

3,623.78

4,348.54

New
Bradwell (PC)

1,475.19

1,721.06

1,966.92

2,212.79

2,704.52

3,196.25

3,687.98

4,425.58

Newport Pagnell (TC)

1,573.73

1,836.02

2,098.31

2,360.60

2,885.18

3,409.76

3,934.33

4,721.20

North
Crawley (PC)

1,471.55

1,716.81

1,962.07

2,207.33

2,697.85

3,188.37

3,678.88

4,414.66

Olney
(TC)

1,503.43

1,754.01

2,004.58

2,255.16

2,756.31

3,257.46

3,758.59

4,510.32

Old
Woughton (PC)

1,462.24

1,705.95

1,949.66

2,193.37

2,680.79

3,168.20

3,655.61

4,386.74

Ravenstone (PC)

1,478.26

1,724.64

1,971.02

2,217.40

2,710.16

3,202.91

3,695.66

4,434.80

Shenley Brook End & Tattenhoe (PC)

1,491.63

1,740.25

1,988.85

2,237.46

2,734.67

3,231.89

3,729.09

4,474.92

Shenley Church End (PC)

1,472.97

1,718.47

1,963.96

2,209.46

2,700.45

3,191.44

3,682.43

4,418.92

Sherington (PC)

1,473.67

1,719.29

1,964.90

2,210.52

2,701.75

3,192.98

3,684.19

4,421.04

Simpson & Ashland (PC)

1,472.15

1,717.51

1,962.87

2,208.23

2,698.95

3,189.67

3,680.38

4,416.46

Stantonbury (PC)

1,518.07

1,771.08

2,024.09

2,277.11

2,783.14

3,289.16

3,795.18

4,554.22

Stoke
Goldington (PC)

1,482.46

1,729.54

1,976.62

2,223.70

2,717.85

3,212.01

3,706.16

4,447.40

Stony
Stratford (PC)

1,495.53

1,744.80

1,994.05

2,243.31

2,741.82

3,240.34

3,738.84

4,486.62

Tyringham & Filgrave (PM)

1,429.02

1,667.19

1,905.35

2,143.53

2,619.87

3,096.21

3,572.54

4,287.06

Walton (PC)

1,491.12

1,739.65

1,988.16

2,236.69

2,733.73

3,230.78

3,727.81

4,473.38

Warrington (PM)

1,418.30

1,654.69

1,891.07

2,127.46

2,600.23

3,073.00

3,545.76

4,254.92

Wavendon (PC)

1,462.61

1,706.39

1,950.15

2,193.93

2,681.47

3,169.01

3,656.54

4,387.86

West
Bletchley (PC)

1,539.79

1,796.43

2,053.06

2,309.70

2,822.97

3,336.24

3,849.49

4,619.40

Weston Underwood (PC)

1,478.71

1,725.16

1,971.61

2,218.07

2,710.98

3,203.88

3,696.78

4,436.14

Whitehouse (PM)

1,479.44

1,726.02

1,972.59

2,219.17

2,712.32

3,205.47

3,698.61

4,438.34

Woburn Sands (TC)

1,502.29

1,752.68

2,003.06

2,253.45

2,754.22

3,254.99

3,755.74

4,506.90

Wolverton & Greenleys (TC)

1,566.57

1,827.67

2,088.76

2,349.86

2,872.05

3,394.24

3,916.43

4,699.72

Woughton (PC)

1,647.68

1,922.30

2,196.91

2,471.53

3,020.76

3,569.99

4,119.21

4,943.06

 

 

AVERAGE AMOUNT

1,505.32

1,756.21

2,007.09

2,257.98

2,759.75

3,261.53

3,763.30

4,515.96