Issue - decisions

Revenue Budget 2025/26 – Initial Proposals

21/01/2025 - Draft Revenue Budget 2025/26

It was resolved to approve the following –

 

·      The initial proposed budget for 2025/26 of £195.234m.

·      A proposed increase in Council Tax of 8.85%, plus 0.65% to cover the Fire Levy making a total of 9.50% which takes the Band D charge to £1,721.70.

·      To formally propose to maintain the premium on empty and second homes at 100%.

·      That £2.000m is released from the Council’s general balances and earmarked reserves in order to balance the 2025/26 revenue budget.