Andy Henderson | Councillor for Teignmouth West, Teignbridge

Final Budget Proposals 2026/27

From: Full Council - Thursday, 26 February 2026 - 10.00 am - February 26, 2026

...the Teignbridge band D council tax for 2026/27 is increased by 2.99% or £6.05 to £208.33 per annum, council tax support is maintained at 100%, general reserves are increased to 12.4% of the net revenue budget or £2.6 million, £200,000 of the general reserve balance is available to the Executive for unexpected expenditure, other budgetary changes will be approved by reference to virement rules, the summary revenue budget for 2026/27 is £21.0 million including a 3.0% pay rise assumption, revenue contributions to capital are maintained at £1,500,000, core voluntary grants are increased by 4% for three years, the councillors community fund grant is maintained at £1,000 each, resources are continued for Modern 25, fees and charges are approved, the capital programme is approved aligning with the One Teignbridge Action Plan, the Financial Plan 2026 to 2031 is approved, prudential indicators are noted and limits approved, the treasury management strategy statement and authorised lending list are approved, and council tax resolutions are approved.

For Determination