Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Date of Decision: January 9, 2025

Purpose:

Content: (i)                   That the progress on the completion of the Revenue (Appendix 1) and Capital Budgets (Appendix 4) be noted.   (ii)                 That the updated Medium Term Financial Strategy 2025/26 to 2029/30 (Appendix 2) be noted.   (iii)                That the strategy for ensuring a balanced revenue outturn position for 2024/25 be noted.   (iv)                That the calculation of the Council Tax base and the Council Tax increase to be proposed for 2025/26 of 1.99% per Band D equivalent property be noted.   (v)                 That the risk assessment at Appendix 3 and the Section 151 Officer’s recommendation on the level of reserves and contingencies provisionally required to be maintained in 2025/26 be noted.   (vi)                That the draft Capital Strategy (Appendix 5) for 2025/35 be noted.   (vii)              That the draft Treasury Management Strategy (Appendix 6) for 2025/26 be noted.   (viii)             That the draft Investment Strategy (Appendix 7) for 2025/26 be noted.   (ix)                That the draft Commercial Strategy (Appendix 8) for 2025/26 be noted.   (x)                 That the Asset Management Strategy (Appendix 9) for 2023/28 be noted.   (xi)                That the draft Budget and Council Tax proposals be referred to Finance, Assets and   Performance Scrutiny Committee for comment before the final proposals are considered at Cabinet on 4 February 2025.