Issue - meetings

The report of the Strategic Director of Resources

Presented by the Corporate Portfolio Holder

The Strategic Director of Resources presented the report on behalf of the Corporate Portfolio Holder. Additionally, he referred to the minutes of the Corporate Scrutiny Committee meeting of 7 January, which had considered the draft Budget, and had been presented to the Cabinet as an additional paper.

The Chair noted that the authority had built up very strong reserves in recent years, which was useful for challenging years like 2024/25.

It was moved by Councillor R Blunt, seconded by Councillor K Merrie, and

RESOLVED THAT:

The S151 Officer’s advice set out in section 7 be noted and the content of the report be carefully considered as part of approving the General Fund Budget report 2025/26, the Housing Revenue Account Budget report

2025/26, and the Capital Strategy and Treasury Management Strategy report 2025/26.

Reason for decision: To ensure the Council meets its statutory requirements when considering its budget.

Required as part of the budget setting process for 2025/26 to ensure compliance with the Budget Framework as set out in the Council’s Constitution.