Content

RESOLVED: That Cabinet approved the decrease in the
2023/24 working budget of £301k, as detailed in table 7.
 

RECOMMENDED TO COUNCIL:
 

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

(2)  
To note the position relating to the General Fund balance and that
due to the risks identified a minimum balance of £2.48
million is recommended.
 

(3)  
To note 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)  
To approve the revenue savings and investments as detailed in
Appendix B.
 

(5)  
To approve a net expenditure budget of £20.365m, as detailed
in Appendix C.
 

(6)  
To approve a Council Tax increase of 2.99%, which is in line with
the provisions in the Medium Term
Financial Strategy.
 
REASON FOR
RECOMMENDATIONS: 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.