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RESOLVED: That Council:
 

(1)  
Noted the position on the Collection Fund and how it will be
funded.
 

(2)  
Noted the position relating to the General Fund balance and that
due to the risks identified a minimum balance of £2.46
million is recommended.
 

(3)  
Noted the net revenue savings that are likely to be required in
future years, combined with the Chief Finance Officer’s
section 25 report (Appendix D) which provides a commentary on the
risks and reliability of estimates contained in the budget.
 

(4)  
Approved the revenue savings and investments as detailed in
Appendix B with the additional investments in 24/25 only of
£25k for Area Forum grants and £10k for additional bee
corridors.
 

(5)  
Approved a net expenditure budget of £19.933m, as detailed in
Appendix C adjusted to reflect the additional investments in 24/25
totalling £35k.
 

(6)  
Approved a Council Tax increase of 2.99%, which is in line with the
provisions in the Medium Term Financial Strategy.
 
REASON FOR
DECISIONS: To ensure that all relevant factors are
considered in arriving at a budget and Council Tax level for
2024/25. To ensure that the budget is aligned to Council priorities
for 2024/25 as set out in the Council Plan.