Draft 2024/25 Budget
Decision Maker: Cabinet
Decision status: For Determination
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
Cabinet will be asked to consider and approve
the draft budget for 2024/25.
Decision:
AGREED: That Cabinet noted the report, reviewed the council’s approach to balancing the budget and:
i) noted the draft revenue budget for 2024/25 included in the report, which showed a preliminary balanced position.
ii) noted the proposed capital budget for 2024/25 and revised Medium Term Financial Plan to 2028/29 set out respectively in Appendices A and B.
iii) considered the proposed budget pressures and savings / transformation / income proposals set out in Appendices C and D;
iv) noted the Equality Impacts Assessments shared at Appendix E; and
v) agreed to commence public consultation on the draft 2024-25 budget, including proposals to increase Council Tax by the maximum allowed by Government. The consultation was expected to run from 14th December 2023 to 22nd January 2024.
Report author: Elizabeth Griffiths
Publication date: 14/12/2023
Date of decision: 13/12/2023
Decided at meeting: 13/12/2023 - Cabinet
Effective from: 22/12/2023
Accompanying Documents: