Content

Cabinet
noted that the final figures would be updated following recent
announcement of the final Financial Settlement from
Government.  These will be updated in
the papers for Council.
 
RECOMMENDED 1
 
It is recommended that Council
note the revision to the Forecast for 2024/2025 as set out in the
report.
 
RECOMMENDED 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 8 of the report.
 
RECOMMENDED 3
 
That Council :
1) Approves the budget
requirement of £26,329,130 for 2025/2026 and notes the
projections for 2026/2027, 2027/2028 and 2028/2029.
 
2) Approves the Fees and Charges
2025/2026 detailed in Appendix 4a and 4b and approves the new Fees
and Charges Policy at Appendix 4c
 
3) Approves the Pay Policy at
Appendix 5
 
4) Approves the level of Special
Expenses for the Town/Parish Councils as detailed in the report
(Appendix 7).
 
5) Approves a Band D council tax
of £152.87 for 2025/2026.
 
RECOMMENDED 4
 
That Council approves a minimum
requirement of the General Fund balance for 2025/2026 of
£1,316,460 (5% of estimated budget requirement).
 
RECOMMENDED 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
2025/2026.