Financial Planning 2024/25 to 2026/27
January 15, 2024 Cabinet (Cabinet collective) Key decision Approved View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
... the Cabinet of Watford approved recommendations to recommend to the Council a budget for 2024/25, a capital investment program for 2023/24 to 2026/27, a capital strategy for 2024/25, an increase to the annual Council Tax for a Band D property for 2024/25 by 2.99%, the creation of a Redundancy Reserve, and to rename the Riverwell Project Reserve to Commercial Risk Reserve, and noted the key risks identified and approved their proposed mitigations, as well as the indicative budgets for 2025/26 and 2026/27.
Full council record
Purpose
This report sets out the proposed budget for
2024/25 and indicative budgets for 2025/26 and 2026/27 for both
revenue and capital. Cabinet is asked to recommend the budget to
Council.
Decision
This
item is recommended to Full Council for decision and therefore is
not eligible for call-in.
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 15 Jan 2024 |