Content

RESOLVED:
 

1.   
That Cabinet notes the 2025/26 Draft Budget and
Medium-Term Financial Strategy to 2029/30, including progress to
date in setting out spending pressures and efficiencies, as set out
in Annex A.

2.   
That Cabinet notes the provisional budget gap of
£17.4mfor 2025/26 and the next steps required to close the
gap.

3.   
That Cabinet notes the proposed Draft Capital
Programme for 2025/26 to 2029/30 of £1.4bn set out in Section
6 of the report and Annex B.

4.   
That Cabinet notes the summary of Resident
Engagement and next steps set out in Section 9 of the
report.
Reasons
for Decisions:
In January
2025, Cabinet will be asked to recommend a Final Budget for 2025/26
to full Council for approval in February. The draft budget sets out
proposals to direct available resources to support the achievement
of the Council’s corporate priorities, balanced against a
challenging financial environment, giving Cabinet the opportunity
to comment on the proposals and next steps.
(The
decisions on this item can be called-in by the Resources and
Performance Select Committee)