Purpose

To note the report and the
issues raised on this.

Decision

The
Cabinet:
1.1.  
Reviewed the report and issues raised within and
note that Leadership Team with Cabinet Members will continue to
closely monitor and manage the Medium
Term Financial Strategy.
 
1.2.  
Recommended to Council the 2026/27 Extended Producer
Responsibility Revenue Grant of (£1,638,709) is added to the
MTFS and is used to fund the Council’s share of the cost of
the Joint Waste Service.
 
1.3.  
Recommend to Council that a new project is added to
the Capital Programme for the St. John’s community facility
of £800,000 funded from Section 106.
 
1.4.  
Approved the establishment of a Social Value Fund
for low-value or short-term contracts where there may not be scope
to deliver commitments aligned directly to the Social Value
Strategy.
 
1.5.  
Delegated to the Cabinet Member for Finance and
Commissioning in consultation with the Procurement and
Commissioning Manager, the ability to approve awards from the
Social Value Fund.
 
1.6.  
Noted the decision of the Cabinet Member for Finance
and Commissioning to not be part of a business rates pool for
2026/27 due to the Business Rates reset and changes to the levy
regime.