Issue - decisions

Draft Revenue Budget 2024/25

23/01/2024 - Draft Revenue Budget 2024/25

It was resolved –

 

·      To approve the initial proposed budget for 2024/25 of £184.219m.

·      To approve a proposed increase in Council Tax of 9.78%, plus 1.12% to cover the Fire Levy making a total of 10.9% and taking the Band D charge to £1,592.37.

·      To formally propose an increase in the premium on second homes from 75% to 100%.

·      That £4.425m be released from the Council’s general balances and earmarked reserves in order to balance the 2024/25 revenue budget.