Decision Maker: Cabinet, Council

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: No

Date of Decision: February 17, 2025

Purpose: to agree the Council Budget and Council Tax

Content: Recommended that Council agree the Council budget for 2025/26 as set out in the report be approved   Recommended that Council agree a 2.99% increase in the borough element of council tax in support of service delivery pressures   Recommended that Council agree  an Adult Social Care precept of 2%   Recommended that Council agree the addition to the council tax in 2025/26 on the taxpayers in premises surrounding the garden in Gloucester Circus SE10 (Section 4 of the report)   Recommended that Council agree  the overall council tax level and the relevant statutory calculations and resolutions (Section 4 and Appendix B of the report)   Recommended that Council agree  the schools funding formula for use in 2025/26 as presented to Schools Forum on 15 January 2025 (Section 5 of the report )   Recommended that Council note   the overall additional cost of 139p per week at Band D (Section 4 of the report) of decisions 1.2 and 1.3.   Recommended that Council note   that the GLA precept for 2025/26 is due to increase by 4.0% (36p per week at Band D) (Section 4 of the report)   Recommended that Council note   the level of Dedicated Schools Grant for Education purposes and that the budget proposals for 2025/26 were agreed by the Schools Forum on 15 January 2025 (Section 5 of the report)   Recommended that Council note the comments on financial standing, future risk and robustness of the budget process (Section 6 of the report)   Recommended that Council note that it shall have regard to the s151 / Chief Finance Officer’s statement in Section 6, as required under s25(2) of the Local Government Act 2003, when making decisions in this report