Purpose

To approve draft budget proposals for
2024/25.

Decision

RESOLVED – that the Executive agreed:

(i)              
That the national and local policy context (Annex 1) and
significant financial uncertainties at this stage in the
budget-setting process be noted.

(ii)            
That the service proposals set out in this report which seek to
respond to this context and deliver our corporate priorities, be
endorsed.

(iii)          
That the draft service business plans for 2024/25 to 2026/27 be
approved, and that Heads of Service be authorised to finalise the
plans for their service areas in consultation with the relevant
Portfolio Holders.

(iv)          
That the following be approved for consultation under the
Council’s budget and policy framework:

a.    
Medium Term Financial Plan Forecasts and proposed actions to
address the forecast Revenue Budget gap    (Annex 2);

b.    
Service Revenue Budget growth proposals totalling £0.943
million, savings of (£1.719) million and additional income of
(£0.540) million (Annex 3);

c.    
Continued funding support for Banstead Commons Conservators for
a further three years (2024/25 to 2026/27);

d.    
Central Revenue Budget savings and growth proposals totalling
(£0.376) million, and £1.75m provision for the 2024/25
pay award (Annex 3);

e.    
Agreement of a new 10 year Section 136 agreement with Horley
Town Council;

f.      
Revenue Issues, Risks and Opportunities totalling £0.964
million, to be funded from earmarked Reserves as necessary;

g.    
Revenue Reserve Balances at 1 April
2023 of £35.474 million (Annex 6.1); and

h.    
A forecast balanced Revenue budget for 2024/25, subject to final
confirmation of the outstanding items.

(v)            
That the Capital Programme Growth proposals totalling
£3.976 million (Annex 4) be approved.

(vi)          
That the Fees & Charges Policy (Annex 5) be
approved.

(vii)        
That the Reserves Policy (Annex 6.2) be approved.

(viii)      
That the following changes to the Local Council Tax Support
Scheme be approved and adopted from 2024/25:

a.  Removal of the maximum award of 90%
Council Tax liability for 1,800 households and increasing the award
to 100%;

b. Removal of the minimum requirement for a household to
  qualify for £5 per week
before support is provided;

c. Expansion of support awards to cover full Council Tax liability
for residents in Bands F to H;

(ix)          
That the following changes Council Tax premiums on empty
properties be approved and adopted from 2024/25:

a. Removal of the empty homes discount of 28-days where a property
becomes empty and unfurnished;
b. For empty and furnished second homes – charge 200% council
tax after the first 12 months; and
c. For long-term empty properties – commence charging the
100% premium after 12 months.