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RECOMMENDED TO
COUNCIL
 
 

i)     
That the level of Council Tax for 2024/25 increases from
£166.94 by £3.34 (2%) to £170.28 at Band D.

ii)    
That the net revenue budget set out in Appendix A for 2024/25 of
£14.538m is approved.
 

iii)   
That £0.6m of the £3.55m Funding Guarantee grant
received in 2024/25 is used in Revenue to balance the budget,
£0.55m to be used to fund up to £195 for working age
and pension age claimants on Council Tax Support, with the
remainder earmarked against potential overspend in 2024/25 and as a
reserve to help resolve future budget deficits in the Medium-Term
Financial Strategy.
 

iv)   
That Special Expenses of £456,865 set out in Appendix C and a
Band D charge of £37.21 are agreed in respect of the
unparished area for 2024/25
 

v)    
That the capital programme for 2024/25 set out in Appendix D be
approved and that the indicative capital budgets in the programme
for future years be noted.
 

vi)   
That the projected future budgets on the revenue account in 2025/26
to 2029/30 are noted and the Medium-Term Financial Strategy
continues to be reviewed and refined to ensure that decisions are
taken in 2024 to set a balanced budget in 2025/26.

vii) 
That the Minimum Revenue Provision Statement set out in Appendix E
is approved.
 

viii)That the Capital
Strategy, Treasury Strategy, Investment Strategy and prudential
indicators and limits for 2024/25 to 2027/28 set out in Appendix F
are approved.
 

ix)   
To note the statement on the robustness of the level of reserves in
Appendix G.
 

x)    
That the increases to fees and charges set out in Appendices H to H
(iii) are approved.
 
 
REASON
 
To meet the Council’s statutory
requirement to approve the budget and the prudential indicators
before the start of a new financial year.