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RESOLVED: That Cabinet:

(1)  
Noted the latest funding forecasts for 2024/25 onwards and the
significant uncertainty that still remains.
 

(2)  
Confirmed that it will be necessary to increase Council Tax by the
maximum amount allowed without a local referendum, as this is what
will be assumed by Government in determining the Business Rates
that the Council can retain and calculating the Council’s
Core Spending Power.
 

(3)  
Noted the comments made at the budget workshops, and comment on the
inclusion of the revenue savings and investments in the budget to
be brought back for consideration in February, for referral on to
Council at the end of February.
 

(4)  
Considered the additional revenue investment proposals that are
detailed in paragraph 8.8 and confirm that they should be included
in the February budget report.
 

(5)  
Noted the comments made at the budget workshops, and comment on the
inclusion of the capital investments in the Investment Strategy to
be brought back for consideration in February, for referral on to
Council at the end of February.
 
REASON FOR
DECISIONS: To ensure that all relevant factors are
considered in arriving at a proposed budget, Investment Strategy
and Council Tax level for 2024/25, to be considered by Full Council
on 29 February 2024.