Issue - meetings
General Fund Revenue Budget
Meeting: 05/03/2025 - Council (Item 4c)
4c General Fund Revenue Budget 
PDF 450 KB
Report of the Senior Leadership Team on behalf of Leader of the Council
Additional documents:
- Appendix 1 - Detailed Portfolio Holder Budgets 25-26 (Part1), item 4c
PDF 3 MB
- Appendix 2 - Movement in Earmarked Reserves, item 4c
PDF 196 KB
- Appendix 3 - Collection Fund S&D for Distribution 2526, item 4c
PDF 25 KB
- Appendix 4 - Budget Reduction Summary 2025-26, item 4c
PDF 19 KB
- Appendix 5 - Annual Delivery Plan 2025-26 (002), item 4c
PDF 362 KB
Meeting: 13/02/2025 - Cabinet (Item 168)
168 General Fund Revenue Budget PDF 461 KB
Report of the Chief Finance Officer
Additional documents:
- Appendix 1 - Detailed Portfolio Holder Budgets 25-26 (Part1), item 168
PDF 3 MB
- Appendix 2 Movement in Earmarked Reserves, item 168
PDF 196 KB
- Appendix 3 - Collection Fund S&D for Distribution 2526, item 168
PDF 25 KB
- Appendix 4 Budget Reduction Summary 2025-26, item 168
PDF 19 KB
- Appendix 5 - Annual Delivery Plan 2025-26 (002), item 168
PDF 362 KB
Minutes:
The Chief Finance & Section 151 Officer introduced a report, which had been circulated in advance of the meeting, setting out the revenue budget aligning with the Gedling Plan priorities, objectives and priority actions for the Council for the forthcoming year.
RESOLVED to:
i. Approve a 5% discretionary income inflation increase for the individual
portfolios as shown in the table at paragraph 2.4.5.
ii. Note the Annual Delivery Plan set out in Appendix 5.and recommend to Council on 5 March 2025.
iii. Agree that the financial threshold above which decisions will be regarded as Key Decisions be set at £0.5m for 2025/26.
iv. Approve a provisional Council Tax increase of 2.988% (£5.65) which balances the financing of a Net Council Tax Requirement of £7,714,750 in 2025/26.
v. Approve the detailed budget for 2025/26, as detailed in Appendix 1.