Content

RECOMMENDED: That Council consider and
approve the following:
            
Recommendation 1
It is recommended that Council note the
revision to the Forecast for 2023/2024 as set out in the
report.
 
Recommendation 2
Council is recommended to approve the Policy
on Earmarked Reserves and General Fund Balance and the maximum
balances set for the reserves as noted in the report and at
Appendix 7.
 
Recommendation 3 It is recommended that
Council :
1) Approves the budget requirement of
£24,353,670 for 2024/2025 and notes the projections for
2025/2026, 2026/2027 and 2027/2028.
2) Approves the level of Special Expenses for
the Town/Parish Councils as detailed in the report (Appendix
6).
3) Approves the Fees and Charges 2024/2025
detailed in Appendix 4.
4) Approves a Band D council tax of
£148.37 for 2024/2025.
 
Recommendation 4
It is recommended that Council approves a
minimum requirement of the General Fund balance for 2024/2025 of
£1,217,680 (5% of estimated budget requirement).
 
Recommendation 5
Pursuant to Section 25 of the Local Government
Act, Council is asked to have due regard to this statement at
Section 9 of this report when considering and approving the budget
and the level of council tax for 2024/2025.
 
Reason for
Decision
 
To set a budget for 2023/2028