Issue - meetings

Report of the Finance Business Partner

Report of the Finance Business Partner

The Principal Finance Business Partner and Interim Deputy Section 151 Officer introduced a report which had been circulated prior to the meeting to inform Cabinet of the revenue budget which aligns to the Gedling Plan priorities, objectives and priority actions for the Council for the forthcoming year.

RESOLVED:

That:

Cabinet recommends to Council on 4 March 2026:

1)    That the financial threshold of £0.5m which decisions be regarded as Key Decisions be set at £0.5m for 2026/27.

2)    A provisional Council Tax increase of 2.998% (£5.82) which balances the financing of a Net Council Tax Requirement of £8,064,108 in 2026/27.

3)    The detailed budget for 2026/27, as detailed in Appendix 1 be approved.