Issue - meetings
REVENUE AND CAPITAL BUDGETS FOR 2026/27 ONWARDS
Meeting: 20/01/2026 - Cabinet (Item 16.)
16. REVENUE AND CAPITAL BUDGETS FOR 2026/27 ONWARDS 
PDF 174 KB
REPORT OF THE DIRECTOR – RESOURCES
This report updates on changes to our spend and funding forecasts since the Medium-Term Financial Strategy and seeks approval from Cabinet on the revenue and capital proposals that should be incorporated into the final budget report in February. It also seeks approval for the level of Council Tax increase to be assumed in that report.
Additional documents:
- Appendix A- Results from budget consultation, item 16.
PDF 262 KB
- Appendix B - Revenue budget proposals, item 16.
PDF 187 KB
- Appendix C - Capital budget proposals, item 16.
PDF 160 KB
Decision:
RESOLVED: That Cabinet:
(1) Noted the Council’s expected funding for 2026/27.
(2) Confirmed (in line with the Medium-Term Financial Strategy) that budget forecasts should be based on increasing Council Tax by 2.99% (the maximum amount allowable without a local referendum). Noting that Government have assumed Council Tax will increase by the maximum allowed in calculating Core Spending Power.
(3) Agreed which proposals (revenue and capital) should be taken forward as part of the budget-setting process for 2026/27.
REASON FOR DECISIONS: To ensure that all relevant factors are considered in arriving at a proposed budget and level of Council Tax for 2026/27, to be considered by Full Council on 26 February 2026.