Decision

RESOLVED:
 
1.     
That Cabinet noted:
 
i.              
The alignment of this report with other reports on this agenda,
including the Fees and Charges proposals, the proposed Capital
Strategy, and the proposed Treasury Strategy; also the alignment to the position reported for the
current financial year, set out in the Q3 Financial report and the
Q3 Treasury Management report.
ii.            
The analysis of the financial position of the council set out in
this report and confirmed the alignment of the new proposals to the
outline of the necessary actions for 2025/26 already set out in the
December update to the MTFS.
iii.           
The proposed spending reductions for 2025/26.
iv.          
The proposed capital investment programme including the commentary
on priority schemes and updates to possible future scenarios for
the North West Relief Road
v.            
The levels of reserves in recent years, the forecast levels of
reserves at the end of the current year, and the plans set out to
ensure the adequacy of the reserves in future years.
vi.          
The approach of combined spending reductions and replenishment of
general reserves.
 
2.     
That Cabinet continues to work with the Collaborative Budget group
to recommend to Council Approval of the budget proposals, including
revenue and capital budgets, and the associated strategies, subject
to further amendments required by Cabinet, or identified as
necessary by the Chief Finance Officer (“CFO”).

 
3.     
That Cabinet delegate to the Chief Executive acceptance of the PSDS
Phase 4 grant and conclusion of necessary agreements for this. This
can then be included in the Capital Programme for Council. (Set out
in section 8.)