Decision Maker: Executive Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
1. That Members agree the contents of this report in order to start the budget consultation process as follows:
· A proposed 2.99% increase in council tax in 2024/25 with no proposed cuts to services;
· A forecast balanced budget for 2024/25, based on a 2.99% increase in council tax as noted above and the use of £0.365m of reserves
· A forecast budget shortfall for 2025/26 of £1.575m, to be addressed through the development and delivery of the council’s savings programme;
· To note the proposals in the report for investment in the Labour Administration’s priority areas
Report author: Hemangini Chevli
Publication date: 22/01/2024
Date of decision: 18/01/2024
Decided at meeting: 18/01/2024 - Executive Cabinet
Effective from: 31/01/2024
Accompanying Documents: