Issue - meetings
COUNCIL BUDGET 2025/26
Meeting: 18/02/2025 - Cabinet (Item 9.)
9. COUNCIL BUDGET 2025/26 
PDF 276 KB
To consider a report by Councillor Gwyneth Ellis, Lead Member for Finance, Performance and Strategic Assets (copy enclosed) seeking Cabinet’s support of the proposals to set a balanced budget for 2025/26 prior to Council on 20 February 2025.
Additional documents:
- BUDGET REPORT - Appendix 1 MTFP FV, item 9.
PDF 20 KB
- BUDGET REPORT - Appendix 2 Provisional Settlement FV, item 9.
PDF 142 KB
- BUDGET REPORT - Appendix 3 Pressures FV, item 9.
PDF 158 KB
- BUDGET REPORT - Appendix 4 Savings FV, item 9.
PDF 144 KB
- BUDGET REPORT - Appendix 5 CT, item 9.
PDF 59 KB
- BUDGET REPORT - Appendix 6 Reserves FV, item 9.
PDF 137 KB
- BUDGET REPORT - Appendix 7 C Impact Assessment 2024 to 2026 savings proposals, item 9.
PDF 484 KB
- Webcast for COUNCIL BUDGET 2025/26
Decision:
RESOLVED that Cabinet –
(a) supports the proposals outlined in the
Medium Term Financial Plan (MTFP) 2025/26 – 2027/28 (Appendix 1 to the report),
detailed in Section 4 of the report, in order to set the budget for 2025/26;
(b) approves the average Council Tax rise of
5.29% for council services plus an additional 0.71% for the increase in the
levy to the North Wales Fire and Rescue Authority; this equates to an overall
uplift of 6.00% proposed (paragraph 4.5 of the report);
(c) delegates authority to the Head of Finance
and Audit, in consultation with the Lead Member for Finance, to adjust the use
of cash reserves included in the budget proposals by up to £500k if there was
movement between the draft and final settlement figures in order to allow the
setting of Council Tax in a timely manner;
(d) supports the strategy for use of reserves
as set out in paragraph 4.6 of the report, and
(e) confirms that it has read, understood and
taken account of the Cumulative Well-being Impact Assessment as set out in
Section 7 of the report.