Decision Maker:

Outcome: Approved

Is Key Decision?: No

Is Callable In?: No

Date of Decision: January 26, 2026

Purpose:

Content: RESOLVED that all recommendations below are referred to the meeting of Council on 28th January 2026;   X1 That in the view of the Section 151 Officer, that the estimates included in the Medium-Term Financial Plan 2025/26 to 2029/30 are robust and that the level of financial reserves whilst at minimum levels are adequate, be accepted.   X2 That officers report back to Executive and to the Finance and Corporate Overview Scrutiny Committee on a quarterly basis regarding the overall position in respect of the Council’s budgets.   GENERAL FUND X3 A Council Tax increase of £6.25 is levied in respect of a notional Band D property (2.99%).   X4 The Medium-Term Financial Plan in respect of the General Fund as set out in Appendix 1 of this report be approved as the Revised Budget 2025/26, as the Original Budget in respect of 2026/27, and the financial projection in respect of 2027/28 to 2029/30.   X5 That any further under spend in respect of 2025/26 is transferred to the Council’s General Fund Reserves.   X6 On the basis that income from Planning Fees may exceed £0.500m in 2025/26, the Head of Paid Service in consultation with the Leader be granted delegated powers to authorise such additional resources as are necessary to effectively manage the resultant increase in workload.   HOUSING REVENUE ACCOUNT X7 That Council increases its rent levels by 4.8% to apply from 1st April 2026.   X8 That the increase in respect of other charges as outlined in Appendix 4, Table 1be implemented with effect from 1st April 2026.   X9 The Medium-Term Financial Plan in respect of the Housing Revenue Account as set out in Appendix 3 and 4of this report be approved as the Revised Budget in respect of 2025/26, as the Original Budget in respect of 2026/27, and the financial projection in respect of 2027/28 to 2029/30.   X10 That under spends in respect of 2025/26 to 2029/30 are transferred to the HRA Development Reserve.   CAPITAL PROGRAMME X11 That the Capital Programme as set out in Appendix 5be approved as the Revised Budget in respect of 2025/26, and as the Approved Programme for 2026/27 to 2029/30.