Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: December 15, 2025

Purpose: MTFP Update and Budget Setting 2026/27

Content: (1)        That the Cabinet considered and reviewed the draft General Fund revenue budget (Appendix A) proposals for 2026/27, and the Medium-Term Financial Plan including details of savings proposals (Appendix B) and budget cost pressures (Appendix C).   (2)        That the Cabinet considered the draft Housing Revenue Account (HRA) revenue budget proposals for 2026/27 (Appendix E), 30 Year Business Plan and Medium-Term Financial Plan.   (3)        That the Cabinet considered the draft General Fund and HRA capital proposals for 2026/27 through to 2028/29 (Appendix F and G).   (4)        That the Cabinet considered the draft Fees and Charges proposals for 2026/27 (Appendix H).   (5)        That Cabinet discussed but did not agree any further actions to address the remaining underlying budget deficit in order to set a balanced – and sustainable – budget for 2026/27.