Purpose

To consider the Budget and make recommendations to Council
as appropriate.

Content

The Executive RECOMMEND
that Council:
 

      
I.         
Agree a 2.99% increase
in Waverley’s Band D Council Tax Charge for 2024/25 with
resultant increases to the other council tax
bands; 

    
II.         
Agree to continue the
Council’s existing Council Tax Support Scheme at the current
levels; 

   
III.         
Agree (a) to a general
inflationary increase to Fees and Charges for 2024/25 except for
car parking charges and some limited other exceptions as proposed
in Annexe 4.1, (b) agree the increase to car parking charges as
proposed in Annexe 4.2, and (c) agree the specific other increases
to the fees and charges as proposed in Annexe
4.3; 

  
IV.         
Approve a general
inflationary increase of 4.5% to the weekly charge for all garages from 1 April
2024;?

    
V.         
Approve the General Fund
Budget for 2024/25 as summarised in Annexe 2, incorporating the
baseline net service cost variations detailed at Annexe 1 and
Annexe 3; 

  
VI.         
Approve the General Fund
Capital Programme as detailed in Annexe 5;
 

 VII.         
Approve the reserve
movements as set out in Annexe 6 and to agree a delegation to the
S151 officer to agree draw down from the reserves if the use is in
line with the approved purpose; and

VIII.         

Approve an increase in inflation provision proposed within the
General Fund budget of £111,252 to be funded by the
£159,459 increase in funding guarantee grant as confirmed by
the Department of Levelling Up, Housing and Communities on 5
February 2024.