Issue - meetings

To agree the budget and council tax for 2025/26

Recommended that Council agree the Council budget for 2025/26 as set out in the report be approved

Recommended that Council agree a 2.99% increase in the borough element of council tax in support of service delivery pressures

Recommended that Council agree  an Adult Social Care precept of 2%

Recommended that Council agree the addition to the council tax in 2025/26 on the taxpayers in premises surrounding the garden in Gloucester Circus SE10 (Section 4 of the report)

Recommended that Council agree  the overall council tax level and the relevant statutory calculations and resolutions (Section 4 and Appendix B of the report)

Recommended that Council agree  the schools funding formula for use in 2025/26 as presented to Schools Forum on 15 January 2025 (Section 5 of the report )

Recommended that Council note   the overall additional cost of 139p per week at Band D (Section 4 of the report) of decisions 1.2 and 1.3.

Recommended that Council note   that the GLA precept for 2025/26 is due to increase by 4.0% (36p per week at Band D) (Section 4 of the report)

Recommended that Council note   the level of Dedicated Schools Grant for Education purposes and that the budget proposals for 2025/26 were agreed by the Schools Forum on 15 January 2025 (Section 5 of the report)

Recommended that Council note the comments on financial standing, future risk and robustness of the budget process (Section 6 of the report)

Recommended that Council note that it shall have regard to the s151 / Chief Finance Officer’s statement in Section 6, as required under s25(2) of the Local Government Act 2003, when making decisions in this report

The Cabinet Member Finance, Resources, and Social Value thanked the Chair and presented report. She stated that the Council budget for 2025-26 is a technical report that outlined the overall council tax level, statutory calculations, school funding formula, and the use of the Dedicated Schools Grant.

The Cabinet Member Finance, Resources, and Social Value indicated that the report confirmed that council tax would rise by 4.99% for the year, which included a 2.99% increase in the borough’s council tax to support service delivery pressures and a 2% adult social care precept. She added that the report also approved an additional council tax for taxpayers in premises surrounding the gardens in Gloucester Circus, SE10, for 2025-26.

Resolved -

1.       That it be recommended that Council agree the Council budget for 2025/26 as set out in the report be approved.

2.       That it be recommended that Council agree a 2.99% increase in the borough element of council tax in support of service delivery pressures.

3.       That it be recommended that Council agree an Adult Social Care precept of 2%.

4.       That it be recommended that Council agree the addition to the council tax in 2025/26 on the taxpayers in premises surrounding the garden in Gloucester Circus SE10 (Section 4 of the report).

5.       That it be recommended that Council agree the overall council tax level and the relevant statutory calculations and resolutions (Section 4 and Appendix B of the report).

6.       That it be recommended that Council agree the schools funding formula for use in 2025/26 as presented to Schools Forum on 15 January 2025 (Section 5 of the report).

7.       That it be recommended that Council note the overall additional cost of 139p per week at Band D (Section 4 of the report) of decisions 1.2 and 1.3.

8.       That it be recommended that Council note that the GLA precept for 2025/26 is due to increase by 4.0% (36p per week at Band D) (Section 4 of the report).

9.       That it be recommended that Council note the level of Dedicated Schools Grant for Education purposes and that the budget proposals for 2025/26 were agreed by the Schools Forum on 15 January 2025 (Section 5 of the report).

10.     That it be recommended that Council note the comments on financial standing, future risk and robustness of the budget process (Section 6 of the report).

11.     That it be recommended that Council note that it shall have regard to the s151 / Chief Finance Officer’s statement in Section 6, as required under s25(2) of the Local Government Act 2003, when making decisions in this report.