Draft Revenue Budget 2026 - 2027

February 2, 2026 Cabinet (Cabinet collective) Approved View on council website

This summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.

Summary

...approved the draft revenue budget for 2026-2027, including the creation of a £0.75m reserve for Local Government Reorganisation costs and the use of the Communities reserve for small local grants, while also agreeing to transfer any additional funding from the final Local Government Settlement to reserves and to decide which new capital bids should be recommended to full Council.

Full council record

Decision

Decision
RESOLVED
 

To consider the proposed balanced
budget including movement in reserves and recommended approval to
full Council.

 

To
approve the creation of an £0.75m Ear Marked Reserve to
mitigate the Revenue costs of Local Government
Reorganisation.

 

To
approve the use of the Communities reserve to fund a revenue budget
of £4,000 per Member to allow the award of small local
grants.

 

That
an alternative option for balancing the budget should be agreed to
replace costs or savings not taken forward if there are
any.

 

To
agree that any additional funding announced as part of the final
Local Government Settlement announcement be transferred to
reserves.

 

To
decide which proposed new capital bids should be recommended to
full Council for inclusion in the Capital
Programme.

 
 
Reason for the decision:
 
To enable the Council to set a balanced
budget.

Related Meeting

Cabinet - Monday, 2nd February, 2026 10.00 am on February 2, 2026

Supporting Documents

Cabinet Report Budget 2026-2027.pdf
Appx A GF Summary 2026-27.pdf
Appx B Resources Base 2026-27.pdf
Appx B Corporate Base 2026-27.pdf
Appx C Capital Programme 25.26.pdf
Appx B Service Delivery Base 2026-27.pdf
Appx D Reserve Statement 2026-27.pdf
Appx E Capital Bids Summary 2026-27.pdf

Details

OutcomeRecommendations Approved
Decision date2 Feb 2026