Budget 2024

Motion as voted upon

Recommendations 1-9

MTFS for 2024-2029 as set out in
Appendix A to the report be agreed in
principle.

Revenue Budget for 2024-25 with the
inclusion of a 7.5% increase in Council
Tax in 2024-25 shown in the Financial
Resource Model in Appendix B and
Table 4 and Table 5 of this report.

That any additional funding received
following publication of the Local
Government Final Settlement will be
applied in the budget as set out in the
budget amendment set out in section
3.18

Fees and Charges Register in
Appendices D and E.

Capital Strategy and Capital Programme
for 2024-29 shown in Appendix H.

Minimum Revenue Provision Statement
as set out on Appendix H.

Treasury Management Strategy and the
Annual Investment Strategy in Appendix
H.

Authorised borrowing limit for 2024-25
as required under section 3(1) of the
Local Government Act 2003 is set at
£514 million and the Operational
Boundary is set at £499 million as set
out in section 3.83 of this report.

Prudential Indicators for 2024-25 as set
out in section 3.79 to 3.86 of the report
and Appendix H.