Nigel Williams

MINUTES OF THE OVERVIEW AND SCRUTINY AND SELECT COMMITTEES

From: Cabinet - Wednesday, 17 September 2025 3.00pm - September 17, 2025

...the Cabinet of Stevenage noted the minutes of the Overview and Scrutiny and Select Committee meetings, approving the recommendations contained therein.

Recommendations approved

WRITE OFFS OVER £10K

From: Cabinet - Wednesday, 17 September 2025 3.00pm - September 17, 2025

GENERAL FUND MEDIUM TERM FINANCIAL STRATEGY UPDATE 2025/26 - 2029/30)

From: Cabinet - Wednesday, 17 September 2025 3.00pm - September 17, 2025

...to ensure the financial resilience of the council for the period 2025/26-2029/30, the Cabinet re-approved the MTFS principles, set council tax increases at the government's assumed threshold, approved updated inflation assumptions, noted the impact of Fair Funding grant funding, approved the approach to balancing the budget, noted identified balancing the budget options, approved a balancing the budget target, approved indicative borrowing costs for the Oval, approved additional funding for the Queensway LLP and the apprentice programme, approved the General Fund growth allowance, approved a minimum level of balances for the General Fund, mandated regular MTFS reviews, and directed consultation with trade unions and staff on the MTFS.

For Determination

APOLOGIES FOR ABSENCE AND DECLARATIONS OF INTEREST

From: Cabinet - Wednesday, 17 September 2025 3.00pm - September 17, 2025

Recommendations approved

ANNUAL TREASURY MANAGEMENT REVIEW 2024/25 AND PRUDENTIAL INDICATORS

From: Cabinet - Wednesday, 17 September 2025 3.00pm - September 17, 2025

For Determination