Decision Maker: Cabinet, Council

Outcome: Noted

Is Key Decision?: No

Is Callable In?: No

Date of Decision: February 10, 2026

Purpose: To set a net budget requirement and the Council Tax for the Council for the financial year 2026-27

Content: RECOMMENDATION TO COUNCIL   That the Cabinet recommends to Council:   (a) That a net budget requirement of £18,133,500 for 2026-27 be approved;   (b) That Council Tax be increased by £5.74 from £192.06 to £197.80 for a Band D equivalent in 2026-27;   (c) That the forecast budget surplus of £145,100 be transferred to the General Fund Reserve;   (d) The capital programme, including the asset renewal programme (appendices 1c and 1d of the agenda report) be approved;   (e) The capital prudential indicators and the Minimum Revenue Provision (MRP) Policy (appendix 3 of the agenda report) be approved;   RESOLVED   That the Cabinet notes:   a) The growth items that have been incorporated into the base budget from 2026-27 as detailed in paragraph 2.16 of the report;   b) The growth items that have been incorporated into the base budget as one off commitments for 2026-27 as detailed in paragraphs 2.17 and 2.18 of the report;   That the Cabinet further notes:   (a) The current estimated reserves position set out in appendix 2 of the agenda report, and   (b) The budget variances included in the Draft Budget Spending Plan as set out in appendix 1b of the agenda report.