Decision

That Cabinet
recommends to Full Council at its meeting on 6 March
2025:
 

i.        
the following amounts be now calculated by the
Council for the 2025/26 financial year, in accordance with Sections
31 to 36 of the Local Government Finance Act 1992 as amended by the
Localism Act 2011:

1.

£57,162,110

being the aggregate of the amounts which the Council estimates
for items set out in Section 31A(2)(a) to (f) of the Act, as the
District Council’s gross expenditure for 2024/25);

2.

£36,261,250

being the aggregate of the amounts which the Council estimates
for the items set out in Section 31A(3)(a) to (d) of the Act, as
the District Council’s gross income for 2024/25);
and

3.

£20,900,860

being the amount by which the aggregate at (b)(i) above exceeds the aggregate at (b)(ii) above,
calculated by the Council, in accordance with Section
31A(4) of the Act, as its Net Budget
Requirement for the year;

ii.       
the figures shown as i.1. and i.3. above to be
increased only by the amount of Parish Precepts for 2025/26;
 

iii.     
the budget amounts included in the report be the
Council’s budget for 2025/26; and
 

iv.     
the fees and charges shown in Appendices C1-C22 be
implemented with effect from 1 April 2025.
 
Reasons for
Decision:
 
To enable Cabinet to
make recommendations to Council of the amounts to be calculated in
accordance with Sections 31 to 36 of the Local Government Finance
Act 1992, as amended by the Localism Act 2011, for the purposes of
setting Council Tax levels for the 2025/26 financial
year.
 
Options
Considered:
 
Not applicable, the
Cabinet is required to make recommendations on the budget to the
Full Council.