Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Date of Decision: February 4, 2025

Purpose:

Content: (i)              That the Revenue and Capital Budgets as detailed in this report and in the report to Cabinet dated 9 January 2025, be recommended to Full Council for approval.   (ii)             That the updated Medium Term Financial Strategy 2025/26 to 2029/30 (Appendix 2) be recommended to Full Council for approval;.   (iii)           That the strategy for ensuring a balanced revenue outturn position for 2024/25, be approved.   (iv)           That the calculation of the Council Tax base and a proposed Council Tax increase for 2025/26 of 1.99% per Band D equivalent property be recommended to Full Council for approval.   (v)             That the risk assessment at Appendix 3 and the Section 151 Officer’s recommendation on the level of reserves and contingencies provisionally required to be maintained in 2025/26 be recommended to Full Council for approval .   (vi)           That the Civic Growth Fund priorities for 2025/26 be approved.   (vii)          That the Capital Strategy (Appendix 5) for 2025/35 be recommended to Full Council for approval.   (viii)        That  the Treasury Management Strategy (Appendix 6) for 2025/26 be recommended to Full Council for approval. .   (ix)           That the Investment Strategy (Appendix 7) for 2025/26 be recommended to Full Council for approval.   (x)             That the Commercial Strategy (Appendix 8) for 2025/26 be recommended to Full Council for approval.   (xi)           That the updated Asset Management     Strategy (Appendix 9) for 2023/28 be recommended to Full Council for approval.   (xii)          That the Local Council Tax Reduction Scheme (Appendix 10) for 2025/26 be recommended to Full Council for approval.