Content

RECOMMENDATIONS TO CABINET:

(1)  
That Cabinet note the latest funding forecasts for 2024/25 onwards
and the significant uncertainty that still remains.
 

(2)  
That Cabinet confirm that it will be necessary to increase Council
Tax by the maximum amount allowed without a local referendum, as
this is what will be assumed by Government in determining the
Business Rates that the Council can retain and calculating the
Council’s Core Spending Power.
 

(3)  
That Cabinet note the comments made at the budget workshops, and
comment on the inclusion of the revenue savings and investments in
the budget to be brought back for consideration in February, for
referral on to Council at the end of February.
 

(4)  
That Cabinet note the comments made at the budget workshops, and
comment on the inclusion of the capital investments in the
Investment Strategy to be brought back for consideration in
February, for referral on to Council at the end of February.

 
REASON FOR
RECOMMENDATIONS: To ensure that all relevant factors are
considered in arriving at a proposed budget, Investment Strategy
and Council Tax level for 2024/25, to be considered by Full Council
on 29 February 2024.