The Council meeting scheduled for Thursday 26 February 2026 was set to address the local authority's financial plans for the upcoming year, including the final budget and medium-term financial plan. Discussions were also scheduled regarding the Housing Revenue Account budget and the calculation of Council Tax.

2026-27 Final Budget and Medium-Term Financial Plan

The meeting agenda indicated that a significant portion of the discussion would focus on the council's financial strategy for the 2026-27 fiscal year. This included the final budget and the accompanying Medium-Term Financial Plan. These documents outline the council's projected income and expenditure over several years, guiding financial decisions and resource allocation. The agenda also noted that alternative budget proposals from the Liberal Democrat Group¹ and budget amendments from the Conservative² and Labour³ groups were to be considered.

Housing Revenue Account Budget 2026-27 and Medium-Term Financial Plan

Another key item on the agenda was the Housing Revenue Account (HRA) budget for 2026-27, alongside its associated Medium-Term Financial Plan. The HRA is a ring-fenced budget that accounts for the income and expenditure related to the council's housing stock, including rent collection, repairs, and maintenance. Discussions were expected to cover the financial management of the council's housing services for the upcoming year and beyond.

2026/27 Council Tax Calculations and Council Tax

The meeting was scheduled to include the calculation of the Council Tax for the 2026/27 financial year. This involves determining the amount each household will be required to pay to fund local services. The agenda indicated that the council would be considering the resolutions necessary for setting the Council Tax.