Decision Maker: Mid Suffolk Cabinet, Babergh Cabinet, Babergh Council, Mid Suffolk Council

Outcome:

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: February 11, 2025

Purpose: To agree the 2025/26 General Fund Budget and MTFP

Content: It was RESOLVED: -   1.1          That the General Fund revenue and capital budget for 2025/26 and MTFP set out in the report be endorsed for recommendation to Council on 27 February 2025.   1.2          That the General Fund Budget for 2025/26 is based on no increase for the Band D Council Tax of £175.03.   1.3          That the new income bands and contribution rates for the 100% Local Council Tax Reduction (Working Age) Scheme, as set out in paragraph 8.15, are endorsed for recommendation to Council on 27 February 2025.   1.4          That the Council Tax Support Discretionary Policy for 2025/26 attached in Appendix J, are endorsed for recommendation to Council on 27 February 2025.   REASON FOR DECISION To bring together all the relevant information to enable Cabinet Members to review, consider and comment upon the Council’s General Fund budget for endorsement and recommendation to Council.   Alternative Options Considered and Rejected: Setting a balanced budget is a statutory requirement, therefore no other options are appropriate in respect of this.   Any Declarations of Interests Declared: None Any Dispensation Granted: None