Purpose

To consider the draft Budget 2025/26.

Content

RESOLVED to:

                           
I.         
Note the start of the Draft Budget consultation
from December 19th 2024.

                          
II.         
To note the provisional council taxbase of
40,552.16 and the continued assumption of a maximum increase in the council tax
of 2.99% over the lifetime of the Medium Term Financial Plan to 2029/30. For
2025/26, the Band D equivalent (for Uttlesford’s share of the bill) would be
£182.02, which would be an increase of £5.28.

                        
III.         
To note the Government’s intent to provide
forward certainty over the HRA rental increases allowed to be 1% above CPI,
which is an increase of 2.7% for 2025/26. The average increase in HRA weekly
rents would be £3.52, leading to an average weekly rent payable by council
tenants of £129.61.