Purpose

As per the report to Cabinet in November 2024, the consider
the 2025/26 revenue budget proposals and Medium Term Financial
Strategy (MTFS).

Decision

Noted:
 

(a) 
The provisional Local
Government Finance Settlement as detailed in paragraphs 3.1 to 3.4
of the report;

 

(b) 
The updates to budgets
proposals presented as Phase 1 budget proposals to Cabinet on 18
November 2024 as detailed in paragraphs 4.5 to 4.8 and new Phase 2
budget proposals as set out in paragraphs 4.9 - 4.10 of the
report;

 

(c) 
The technical
adjustment set out in paragraph 4.11 of the report;

 

(d) 
The current
assumptions in relation to Exceptional Financial Support; as
detailed in paragraphs 4.12 – 4.14 of the report;

 

(e) 
The Council Tax and
NNDR assumptions as set out in paragraphs in 4.15 – 4.17 of
the report;

 

(f) 
The approach taken
with regard to Fees and Charges as set out in paragraphs 5.1 - 5.5
of the report; and

 

(g) 
The current feedback
from the budget consultation as summarised in paragraph 9.1. and
the initial key points in Appendix 5 to the report.