Purpose

To recommend to Council the:
(a) 2026/27 Revenue Budget and Council Tax
(b) Medium Term Financial Strategy Statement for the period 2026/27and
(c) Treasury Management Strategy Statement and Investment Strategy 2026/27 and
Minimum Revenue Provision

Content

RESOLVED –

 

(i)         That it be recommended to Council that:

 

            (a) the
2026/27 revenue budget totalling £368,792,041 be approved

            including
fire levy of £10,729,392.

            (b) a sum
of £100,766,012 be raised from Council Tax which             equates to £1,835.55 at band D and of that sum:-

            (i)
£112,557 be raised as special expenses on the community

            areas of
Acton, Caia Park, Offa and Rhosddu
(£2.05), £6,694 on

            the
community of Glyntraian (£0.12), £19,509 on the
community

            of
Llangollen Rural (£0.36) and £24,768 on the community of

            Chirk
(£0.45)

            (ii) £100,602,484 be raised as
general expenses (£1,832.57).

 

(ii)        That any additional funding received
following publication of the             Local
Government Final Settlement be applied as prescribed or             used to reduce risks within the overall budget package.

 

(iii)      That the Medium Term Financial Plan
outlined in Appendix 5 of             report
COFI/02/26 be recommended to Council.

 

(iv)      That the 2026/27 Capital Strategy
(including the Minimum             Revenue
Provision (MRP) Statement), Treasury Management             Strategy Statement and Investment Strategy as outlined in
            Appendix 6 and 6a of report
COFI/02/26 be recommended to             Council.

 

Reasons for Decisions

 

(i) To enable the Council to
determine its revenue budget for 2026/27 and set the Council Tax for the year.

 

(ii) To update the Medium Term Financial Plan and to make
recommendations to Council on the 2026/27 Capital, Treasury Management and
Investment Strategies, including the Minimum Revenue Provision Statement.