Content

Cabinet
has considered and reviewed the report and appendices as presented
and recommended to Full Council the adoption of:
 

General Fund (GF): Revenue
 

(a)  
The updated Medium Term Financial Strategy forecasts
as shown in Appendix A.
 

(b)  
The proposed General Fund revenue budget for
2026/27, as shown in the GF summary budget at Appendix C and
summarised at Appendix B, considering the statement by the Chief
Finance Officer on the risks and robustness of the estimates as
required under Section 25 of the Local Government Act 2003,
reproduced at Appendix G.
 

(c)  
Acknowledged the key factors which have led to the
proposed 2026/27 General Fund Revenue Budget, with service budget
proposals and savings summarised at Appendix D and efficiency
savings and income generation (outcome of budget star chamber
meetings) summarised at Appendix E.
 

(d)  
The Council Tax Requirement for 2026/27 at
£12,855,280 and approved an increase in the district element
of the Council Tax of £5.24 per annum, giving an average Band
D Council Tax of £180.64, plus the relevant amounts required
by the precepts of the Parish Councils, Cambridgeshire County
Council, Cambridgeshire Police & Crime Commissioner, and the
Cambridgeshire Fire Authority.
 

(e)  
The estimates of the amounts required to be made
under the Non-domestic Rating (Rates Retention) Regulations 2013 as
set out in paragraphs 47 - 58.
 

GF: Review of Reserves
 

(f)   
Noted the movement in Reserves in 2025/26 as set out
in Appendix H, and noted the estimated
balance of Reserves of £37.184 million.
 

(g)  
Set aside £0.5 million into an earmarked
reserved as a prudent estimate for the council’s one off costs associated with Local Government
Reorganisation (LGR), reviewed annually.
 

GF: Capital
 

(h)  
The General Fund Capital Programme as shown in
Appendix I.