Decision Maker: The Executive

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Date of Decision: January 21, 2025

Purpose:

Content: It was resolved to approve the following –   ·      The initial proposed budget for 2025/26 of £195.234m. ·      A proposed increase in Council Tax of 8.85%, plus 0.65% to cover the Fire Levy making a total of 9.50% which takes the Band D charge to £1,721.70. ·      To formally propose to maintain the premium on empty and second homes at 100%. ·      That £2.000m is released from the Council’s general balances and earmarked reserves in order to balance the 2025/26 revenue budget.