Content

Cabinet
considered and reviewed the report and appendices as presented and
recommended to Full Council the adoption of:
 
General
Fund (GF): Revenue
 

a)   
The updated Medium Term Financial Strategy forecasts
as shown in Appendix A.

b)   
The General Fund revenue budget for 2025/26, as
shown in the GF detailed budget at Appendix C and summarised at
Appendix B, considering the statement by the Chief Finance Officer
on the risks and robustness of the estimates as required under
Section 25 of the Local Government Act 2003, reproduced at Appendix
G.

c)    
Acknowledge the key factors which have led to the
proposed 2025/26 General Fund Revenue Budget, with service budget
proposals and savings summarised at Appendix D and efficiency
savings and income generation (outcome of budget star chamber
meetings) summarised at Appendix E.

d)   
The Council Tax Requirement for 2025/26 at
£12,255,340 and approve an increase in the district element
of the Council Tax of £5.09 per annum, giving an average Band
D Council Tax of £175.40, plus the relevant amounts required
by the precepts of the Parish Councils, Cambridgeshire County
Council, Cambridgeshire Police & Crime Commissioner, and the
Cambridgeshire Fire Authority.

e)   
The estimates of the amounts required to be made
under the Non-domestic Rating (Rates Retention) Regulations 2013 as
set out in paragraphs 47 - 58.

f)     
The use of the additional income from the Business
Rate Pool, estimated at £1,700,000 in 2025/26, for transfer
to the established Renewables Reserve for priority
projects.
 
GF:
Review of Reserves
 

g)   
Note the movement in Reserves in 2024/25 as set out
in Appendix H, and the estimated balance of Reserves of
£31.390 million.
 
GF:
Capital
 
h)   
The General Fund Capital Programme as shown in
Appendix I.