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NOTED that:
 

1.         The
comments of the People Committee and the Place Committee set out in
paragraphs 3 and 4 of this report.
 
RESOLVED that:
 

2.         The
Executive Director of Corporate Services (Section 151 Officer) be
authorised to make any necessary changes to the GLA precept in the
Council Tax Annex 3 of the Budget Report Pack to this report
prior to submission to Budget Council, once the final decisions
have been confirmed by that body;
 

3.         Council
be RECOMMENDED to approve the budget proposals and Council
Tax for 2025/26 as set out in the Budget Report Pack report and
annexes;
 

4.         Council
be RECOMMENDED to authorise the relevant officers to take
necessary action to deliver the agreed budget and service charges,
including increasing relevant fees and charges in line with
inflation or as recommended within budget proposals;
 

5.         Council
be RECOMMENDED, in accordance with the requirements of the
Local Government Act 2003, to note the comments of the Section 151
Officer in regard to the robustness of estimates and the level of
reserves and balances as set out in the section “S25
Statement of Section 151 Officer” in paragraphs 42 to 69
of the Budget Report Pack;
 

6.         Council
be RECOMMENDED in accordance with sections 32 to 36 of the
Local Government Act 1992, to calculate the amounts in the
statutory Council Tax calculation (Annex 3 of the Budget Report
pack) for the financial year 2025/26;
 

7.         Council
be RECOMMENDED to approve the Capital Strategy including the
detailed capital programme for 2025/26 to 2028/29 as set out in
Annex 11 to the Budget Report;

8.         Council
be RECOMMENDED to approve the Treasury Strategy including
the Annual Investment Strategy, prudential indicators and the
Minimum Revenue Provision (MRP) policy as set out in Annex
12 to the Budget Report in paragraphs 19 to 21 of the RBK
Treasury Strategy;
 

9.         Council
be RECOMMENDED to approve the HRA 2025/26 base budget and
proposal for growth and savings as set out in Annex 10 of
the Budget Report Pack;
 

10.       Council be
RECOMMENDED to approve the pay policy at Annex 13 to
the budget report;
 

11.       The Schools Budget
for 2025/26 be approved in line with paragraph 18 and Enclosure
1 of Annex 14 to the Budget Pack; 
 

12.       The proposals
outlined for the Central School Services Block be approved
including the transfer of £27k to the High Needs Block
(ref. paras 29-30 of Annex 14 to the Budget
Pack);

13.       The proposals
outlined for the Early Years Block be approved including the
transfer of £225k to the High Needs Block (ref. paras.
31-37 of Annex 14 to the Budget Pack);
 

14.       The proposals
outlined for the High Needs Block be approved (ref paras. 38-42
of Annex 14 to the Budget Pack); and
 

15.       The proposals
outlined for the Schools Block (ref. paras 21-28 of Annex 14 to
the Budget Pack) and the Schools Funding Formula outlined in
Enclosure 2 of Annex 14 and the Schools Allocations in
Enclosure 3 of Annex 14 be approved, including a Minimum
Funding Guarantee of +0.0% per pupil (ref. paras 23-24 of Annex
14 to the Budget Pack).