Decision Maker: Finance, Audit and Risk Committee

Outcome: For Determination

Is Key Decision?: No

Is Callable In?: No

Date of Decision: January 7, 2026

Purpose:

Content: RECOMMENDATION TO CABINET: That Finance, Audit and Risk Committee comment on the recommendations to Cabinet which are:   (1)   That Cabinet notes the Council’s expected funding for 2026/27.   (2)   That Cabinet confirms (in line with the Medium-Term Financial Strategy) that budget forecasts should be based on increasing Council Tax by 2.99% (the maximum amount allowable without a local referendum). Noting that Government have assumed Council Tax will increase by the maximum allowed in calculating Core Spending Power.   (3)   That Cabinet agree which proposals (revenue and capital) should be taken forward as part of the budget-setting process for 2026/27   REASON FOR RECOMMENDATION: To ensure that all relevant factors are considered in arriving at a proposed budget and level of Council Tax for 2026/27, to be considered by Full Council on 26 February 2026.