Content

The Committee resolved
to:
 
Agree that it had considered the Statutory
Section 25 and Section 26 Report of the Chief
Finance Officer (Section 151 Officer) in Appendix J in
determining:
 
A)  
The proposed budget for 2026/27,
B)  
The medium-term financial plans for 2026/27 to
2028/29 and
C)  
The robustness of estimates and reserves
projections; and
 
noted the level of earmarked
reserves as at 31 March 2026 was £32.2m and available
earmarked reserves forecast to be available were £27.1m as
set out in Appendix F,
 
2. make a recommendation to
Council to approve the following:
 
1. the General Fund Revenue
Budget for 2026/27 including:
 
i)            
The General Fund Budget Requirement of
£19.318m for 2026/27,
ii)           
Growth and pressures of £1.252m for
2026/27
iii)          
Proposed savings of £5.752m for
2026/27
 
2. An increase in the
Council’s element of the Council Tax for a band D property by
£6.64 per annum for 2026/27 (2.90%), giving a band D Council
Tax of £235.50 per year, excluding the precepts from Surrey
County Council and the Surrey Police and Crime
Commissioner.
 
3. Note the following Council
Tax increases and precepts as detailed in Appendix I:
 
a)   
Surrey County Council had increased Council Tax for
a Band D property to £1,938.42 per annum, a 4.99% increase on
2025/26, resulting in a precept of £80,014,295.

 
b)   
The Police and Crime Commissioner for Surrey had
increased Council Tax for a Band D property to £352.57 per
annum, a £15 or 4.4% increase on 2025/26, resulting in a
precept of £14,553.420.

 
c)   
This resulted in an overall Band D Council Tax of
£2,526.49 for Spelthorne residents, an increase of
£113.71 (4.5%) per annum.
 
d)   
The Spelthorne Borough Council element of the
Council Tax was 9.3% of the total bill for Spelthorne
residents

4.   
The calculations for determining the Council Tax
requirement for the year 2026/27 in accordance with the Local
Government Finance Act 1992 as set out in the Council Tax
Resolution in Appendix I,
 

5.   
The Fees and Charges for 2026/27 as set out in
Appendix H; and
 

6.   
The continuation of the complete disregard of war
pension/armed forces pension income from benefit calculations as
set out in paragraph 2.22 of this report