Decision Maker: Executive

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: No

Date of Decision: February 4, 2025

Purpose:

Content: 1.    That the effect of the funding available and revenue expenditure position as noted in paragraphs 1.65 – 1.66 and Table D of the report, supported by additional information in Appendix H and the document entitled “Update to the Council Budget 2025/26 report to the Executive 04 February 2025” (“the Update”), be noted.   2.    That the Equality Impact Assessment at Appendix A and the consultation and engagement comments as shown in Appendix A as supplemented prior to the meeting, be noted.   3.    Subject to recommendations 4 and 5 below, that the below be recommended to Full Council:   a)    The revenue budget for 2025/26 proposed in Table D of the report, with funding and expenditure changes as amended in Table D of “the Update”;   b)    The capital programme for 2025/26 proposed in Table E and Appendix B of the report;   c)    The levels of council tax proposed in Table C and shown in Appendix C of the report including the increasing of council tax in 2025/26 by 2.99% inclusive of 2% for Adult Social Care;   d)    The draft prudential indicators for 2025/26 shown in Appendix D of the report;   e)    The Financial Strategy attached at Appendix F of the report;   f)      The Capital Strategy 2025/26 attached at Appendix G to the report.   4.    That the Leader review and amend the Executive’s budget recommendations to the County Council, as appropriate, in respect of any further grant changes if received between the Executive meeting and the County Council on 21 February 2025.   5.    That the Leader review and amend the figures within the budget proposal, to be recommended to the County Council as appropriate, to ensure consistency with final budget recommendations made to the County Council meeting on 21 February 2025.