Decision
Recommendations from Overview & Scrutiny Committee
Decision Maker: Cabinet
Outcome: Recommendations Approved
Is Key Decision?: No
Is Callable In?: No
Date of Decision: February 3, 2025
Purpose:
Content: Treasury Management Strategy Report 2025/26 Full Council approve the Treasury Management Strategy 2025/26; and The Leader of North Norfolk District Council engages with other district council leaders to agree a collective approach to central government seeking its advice and guidance on the impact of devolution and local government reorganisation on the financial stability of the county of Norfolk. Capital Strategy 2025-2026 recommend that Full Council approves the 2025/26 Capital Strategy and undertake with the Portfolio Holder for Finance, Estates & Property Services a joint review of the capital bids process to look at how it can effectively engage in this process from 2026/27. Draft Revenue Budget for 2025-26 Cabinet considers the list of proposed savings and agree on which ones should be taken so that a balanced budget can be recommended to full Council. an alternative option for balancing the budget should be agreed to replace savings not taken if there are any. Cabinet agree that any additional funding announced as part of the final Local Government Settlement announcement be transferred to reserves. Cabinet decides which proposed new capital bids should be recommended to full Council for inclusion in the Capital Programme.
Related Meeting
Cabinet - Monday, 3rd February, 2025 10.00 am on February 3, 2025