Cabinet Members' Items - Report of the Corporate Finance & Governance Portfolio Holder - A.4 - Updated General Fund Financial Forecast / Budget 2024/25
January 26, 2024 Cabinet (Cabinet collective) Approved View on council websiteFull council record
Content
RESOLVED that Cabinet
–
(a)
approves the updated financial forecast, as set out
in Appendix A to item A.4 of the report of the Corporate Finance
& Governance Portfolio Holder, along with the savings and cost
pressures set out in Appendices B and C respectively that form the
firm proposals for the 2024/25 budget and recommends to Full
Council a Band D Council Tax for district services of £193.73
for 2024/25 (a £2.99% increase), along with the associated
council tax requirement of £10.048m.
(b)
authorises the Portfolio Holder for Corporate
Finance and Governance, to agree the ‘technical’
appendices and resolutions for the budget proposals for
recommending to Full Council on 13 February 2024;
(c)
authorises the Chief Executive, in consultation with
the Corporate Finance & Governance Portfolio Holder, to report
directly to Council in respect of the formal resolutions necessary
to implement the Executive’s budget proposals including any
further amendments emerging from additional information becoming
available and/or notifications received from the Government;
and
(d) authorises the Portfolio Holder for Corporate
Finance and Governance, to agree / adopt a Retail, Hospitality and
Leisure mandatory business rate relief scheme for
2024/25.
Details
| Outcome | Recommendations Approved |
| Decision date | 26 Jan 2024 |