Decision

Budget 2026/27, Medium Term Financial Strategy 2026/27 - 2030/31

Decision Maker: Community & Resources

Outcome:

Is Key Decision?: No

Is Callable In?: Yes

Date of Decision: February 2, 2026

Purpose:

Content: RESOLVED:   That the following recommendations be approved and noted, and recommended to Full Council:   a)         Torridge’s Band D Council Tax for 2025/26 be increased by (2.99%) from £195.17 to £201.01 per year   b)         Torridge’s Net Revenue Budget 2026/27 is £13.685m   c)         The contributions to the Council’s reserves as outlined in paragraph 11.3 are approved.   d)         That the Member Budget Working Group is tasked with identifying £1m of bridging measures for implementation from 2027/28.     That members note:   The Chief Finance Officer (s151 Officer) assurance of the robustness of the budget 2026/27 set out in section 13 of the report.   (Vote: For – unanimous)