Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Date of Decision: February 26, 2025

Purpose:

Content: Recommended to Council: 1.  That the Forecast for 2024/25, as set out in Column 3 of Annex 1 to the report, be noted. 2.  That the Income Generation Proposals, Savings Options and Revenue Pressures, as set out in Annexes 2 and 3 to the report, be approved. 3.  That the transfers to or from reserves as detailed in paragraph 4.23 of the report be approved. 4.  That the creation of a Transformation Reserve, as set out in Annex 7 to the report, be approved and that the Head of Strategy and Innovation, in consultation with the Democracy and Governance Portfolio Holder, the Finance and Resources Portfolio Holder and the Head of Finance and Revenues be authorised to draw from this reserve. 5.  That subject to recommendations 2 and 3 above and taking due regard of the Head of Finance and Revenues’ comments in Annex 7 to the report, the budget for 2025/26, as set out in Column 6 of Annex 1 to the report, be approved. 6.  That subject to recommendations 2, 3 and 4 above, the revenue estimates for each Service contained in Annex 6 to the report be approved. 7.  That the pre-application fees and charges as set out in Annex 8 and detailed in paragraph 4.29 to the report be approved. 8.  That a Council Tax Requirement for 2025/26 of £11,708,040 be approved. 9.  That a Special Expenses Levy of £350,692 be made in respect of the area of Andover to cover the cost of providing burial grounds, sports grounds and playgrounds. 10.  That a general precept of £8,852,066 be levied for the year 2025/26. 11.  That the Medium Term Forecast contained in Annex 5 to the report be noted. 12.  That a Band D Council Tax, excluding Parishes and Special Expenses, of £168.91 in 2025/26 be approved.