Decision Maker: Executive

Outcome: Recommmend Forward to Council

Is Key Decision?: No

Is Callable In?: No

Date of Decision: February 5, 2025

Purpose:

Content: The Executive resolved as follows:   1.     To recommend to Council the level of net expenditure for the draft General Fund Revenue Budget 2025/26 of £218,119,000 (ref. paragraph 9.2 and Appendix 4a, to the Executive report)   2.     To recommend to Council a level of budget savings of £8.6m (ref. paragraphs 10.1 and Appendix 4b, to the Executive report) incorporating a Council Tax increase of 4.99% made up of 2.99% plus a 2% Adult Social Care precept.   3.     To note that the precepts for Fire and Police will be reported to Full Council on 24 February 2025 as the rates are not agreed until 17 February 2025 and week commencing the 17 February 2025 respectively.   4.     To recommend to Council that the Chief Executive be authorised to take any necessary steps to ensure any staffing savings are achieved (ref. paragraph 11.1).   5.     To recommend to Council the proposed use of the Dedicated Schools Grant Budget for 2025/26 (ref. paragraph 7.8 and Appendix 4c, to the Executive report).   6.     To recommend to Council the allocation of schools funding for 2025/26 (ref. paragraph 7.8 and Appendix 4c, to the Executive report).   7.     To recommend to Council a target level of working balances of £7m by 31 March 2026 (ref. paragraph 13.3)   8.     To recommend to Council that due regard is given to the robustness of the estimates and the adequacy of reserves in the budget proposals for 2025/26 (ref. section 13)   9.     To consider any further facts, information and stakeholder feedback which may emerge and report the details to the meeting of the Council on 24 February 2025.