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Cabinet - Tuesday, 25 February 2025 7:00 pm
February 25, 2025 Cabinet View on council website Watch video of meeting Watch video of meetingSummary
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Delegated decisions linked to this meeting
Decision summaries below are AI-generated from the council’s published record. Check the council source or the full decision page before relying on them.
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Future of Be First
Approved...to approve a more streamlined Be First, focused on enabling and facilitating other investors to deliver the Council's strategic objectives with greater accountability and lower financial risk, and to agree to a new Be First Business Plan reflecting this new model, while noting that a new Inclusive Growth Strategy will be presented later in the year.
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...to recommend Assembly approval of the Treasury Management Strategy Statement 2025/26 and Capital Strategy 2025/26 to 2027/28, including borrowing forecasts, prudential and treasury indicators, the treasury investment strategy, amendments to counterparty lending limits, the Minimum Revenue Provision Policy Statement 2025/26, and noting associated risks.
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Fees and Charges 2025/26
Approved...to approve the proposed fees and charges for Council services for 2025/26, effective from 1 April 2025, note the fees and charges no longer applicable from that date, and delegate authority to set fees and charges for schools and academic year-based activities from September.
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Council Tax Support Scheme 2025/26
Approved... to recommend to the Assembly the adoption of Model 2 as the Council Tax Support Scheme for 2025/26, offering a maximum award of 63% and allocating up to £500,000 for the Discretionary Council Tax Relief scheme.
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Pay Policy Statement 2025/26
Approved...to recommend Assembly approval of the 2025/26 Pay Policy Statement for the London Borough of Barking and Dagenham, for publication on the Council’s website from April 2025.
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...to recommend to the Assembly the approval of the Budget Framework 2025/26 and Medium Term Financial Strategy 2025/26 to 2027/28, including a 4.99% increase in Council Tax, implementation of premiums on long-term empty and second homes, a General Fund revenue budget with a Council Tax requirement of £93.486m, new savings and growth proposals, and a provisional Capital Programme with a Capital Budget for 2025/26 at £168.437m.
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...to note the projected financial positions across various council funds and accounts, including a General Fund overspend, Housing Revenue Account underspend, Dedicated Schools Grant overspend, and the Capital Programme forecast, and to approve a capital budget reprofiling and certain reserve movements.
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