Decision details

2025/26 Budget and 2025-30 Medium Term Financial Strategy - Updated Information

Decision Maker: Cabinet

Decision status: Recommendations Approved (subject to call-in)

Is Key decision?: No

Is subject to call in?: No

Purpose:

To note the latest resource and spending information, the advice and the impact on the emerging budget proposals and the Executive Director for Resources’ risk assessment on the level of general reserves and to publish, in light of the information provided, Cabinet's 2025/26 budget resolutions for recommendation to Full Council on 6 February 2025.

Decision:

That Cabinet:

 

1.     Notes the latest resource and spending information, the advice and the impact on the emerging budget proposals presented in the report;

 

2.     Notes the Executive Director for Resources’ risk assessment on the level of general reserves, as detailed in Appendix A to the report;

 

3.     Notes the draft Capital Strategy, Technical Annex and Capital Programme, as detailed in Appendices B to D to the report; and

 

4.     Publishes, in light of the information provided, their 2025/26 budget resolutions for recommendation to Council on 6 February 2025.

 

Report author: Andrew Harper

Publication date: 30/01/2025

Date of decision: 28/01/2025

Decided at meeting: 28/01/2025 - Cabinet

Accompanying Documents: