Decision

RESOLVED TO RECOMMEND
 
It is recommended that Cabinet recommends
Council to agree the following:
 
General Fund Revenue Estimate
 
1. Set a Dacorum Borough Council General Fund Council
Tax requirement of £14.172m, and a provisional amount of
£15.565m for the combined Borough Council and Parish
Councils’ requirement for 2025/26.
 
2. Approve a Band D Council Tax increase of
£6.86 (2.99%) for Dacorum Borough Council.
 
3. Approve the base estimates for 2025/26, as shown
in Appendix A1.
 
4. Approve the forecast balances of Revenue Reserves
as shown in Appendix J1, J2, and J3, and approve section 9 of this
report as the updated Reserves Strategy.
 
5. Note proposed Fees and Charges for 2025/26 as set
out in Appendices C3, D3, and E3.
 
6. Approve and adopt the Treasury Management Strategy
for 2025/26, as detailed in Appendix K.
 
7. Approve and adopt the Capital Strategy for
2025/26, as detailed in Appendix L.
 
8. Note that this budget paper, if approved by
Council, will form part of the Medium-Term Financial
Strategy.
 
Capital Programme
 
9. Approve the Capital Programme for 2025/26 to
2028/29, as detailed in Appendix I.
 
10. Approve the financing proposals in Appendix I
subject to an annual review of the financing options by the Chief
Finance Officer, in consultation with the Portfolio Holder for
Corporate and Commercial, during the preparation of the Statement
of Accounts. Housing Revenue Account (HRA)
 
11. Set dwelling rents according to DLUHC guidance,
which provides for a rent increase of CPI plus 1% which equates to
2.7%. The average dwelling rent is proposed to be £130.07 per
week in 2025/26 (based on 52 weeks).
 
12. Approve the HRA budget for 2025/26 as shown in
Appendix F. Employer Terms and Conditions
 
13. Note that the hourly rate of all Council
employees continues to exceed the rate proposed by the rates of the
Living Wage Foundation, for 2025/26.(to be reviewed annually
thereafter).
 
Statement by Chief Finance Officer
 
14. Approve the
statement by the Chief Finance Officer regarding the robustness of
the budget estimates and level of reserves as set out in Appendix
M.