Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Date of Decision: February 18, 2025

Purpose:

Content: RESOLVED that Cabinet –   (a)      supports the proposals outlined in the Medium Term Financial Plan (MTFP) 2025/26 – 2027/28 (Appendix 1 to the report), detailed in Section 4 of the report, in order to set the budget for 2025/26;   (b)      approves the average Council Tax rise of 5.29% for council services plus an additional 0.71% for the increase in the levy to the North Wales Fire and Rescue Authority; this equates to an overall uplift of 6.00% proposed (paragraph 4.5 of the report);   (c)      delegates authority to the Head of Finance and Audit, in consultation with the Lead Member for Finance, to adjust the use of cash reserves included in the budget proposals by up to £500k if there was movement between the draft and final settlement figures in order to allow the setting of Council Tax in a timely manner;   (d)      supports the strategy for use of reserves as set out in paragraph 4.6 of the report, and   (e)      confirms that it has read, understood and taken account of the Cumulative Well-being Impact Assessment as set out in Section 7 of the report.