Issue - meetings

REVENUE AND CAPITAL BUDGETS AND STRATEGIES 2025/26

Meeting: 04/02/2025 - Cabinet (Item 5.)

5. REVENUE AND CAPITAL BUDGETS AND STRATEGIES 2025/26 pdf icon PDF 1 MB

Additional documents:

Decision:

(i)              That the Revenue and Capital Budgets as detailed in this report and in

the report to Cabinet dated 9 January 2025, be recommended to Full Council for approval.

 

(ii)             That the updated Medium Term Financial Strategy 2025/26 to 2029/30

(Appendix 2) be recommended to Full Council for approval;.

 

(iii)           That the strategy for ensuring a balanced revenue outturn position for

2024/25, be approved.

 

(iv)           That the calculation of the Council Tax base and a proposed Council Tax

increase for 2025/26 of 1.99% per Band D equivalent property be recommended to Full Council for approval.

 

(v)             That the risk assessment at Appendix 3 and the Section 151 Officer’s

recommendation on the level of reserves and contingencies provisionally required to be maintained in 2025/26 be recommended to Full Council for approval .

 

(vi)           That the Civic Growth Fund priorities for 2025/26 be approved.

 

(vii)          That the Capital Strategy (Appendix 5) for 2025/35 be recommended to

Full Council for approval.

 

(viii)        That  the Treasury Management Strategy (Appendix 6) for 2025/26 be

recommended to Full Council for approval. .

 

(ix)           That the Investment Strategy (Appendix 7) for 2025/26 be recommended

to Full Council for approval.

 

(x)             That the Commercial Strategy (Appendix 8) for 2025/26 be

recommended to Full Council for approval.

 

(xi)           That the updated Asset Management     Strategy (Appendix 9) for

2023/28 be recommended to Full Council for approval.

 

(xii)          That the Local Council Tax Reduction Scheme (Appendix 10) for

2025/26 be recommended to Full Council for approval.