Councillor Jim Neal JP

...the financial position for each service and key revenue areas, along with the Treasury Management update, were noted.

...the Cabinet approved the revenue budget and council tax proposals for 2026/27, including income generation and savings, revenue pressures, transfers to reserves, a council tax requirement of £12,325,566, a special expenses levy for Andover, a general precept of £9,234,969, and a Band D Council Tax of £173.91.

...the revised estimates and financing for the 2025/26 to 2027/28 Capital Programme were approved.

...the Treasury Management Strategy Statement and Annual Investment Strategy for 2026/27, the Minimum Revenue Provision policy, and the Prudential Indicators were approved.

...the revised 2025/26 and original 2026/27 Asset Management Plan requirements were approved, £3M was transferred to the Asset Management Reserve from the Collection Fund Equalisation Reserve, and the Director of Finance and Revenues was authorised to amend the Asset Management Plan during the year.