Issue - meetings
Budget 2025/26 and Medium Term Financial Strategy
Meeting: 06/02/2025 - Cabinet (Item 10.)
10. Budget 2025/26 and Medium Term Financial Strategy 
PDF 1 MB
Purpose
To present the Revenue Budget for 2025-2026, Capital Programme and Medium-Term Financial Strategy for 2025-2026 to 2028-2029.
Recommendation
Cabinet is requested to consider and approve for recommendation to Council:
- The Medium-Term Financial Strategy set out in Annex B
- The Budget Pressures and Savings for inclusion in the budget, set out in Annex C
- The Council Tax Requirement of £7,065,418 for this Council
- The Council Tax level for Cotswold District Council purposes of £158.93 for a Band D property in 2025- 2026 (an increase of £5)
- The Capital Programme, set out in Annex D
- The Annual Capital Strategy 2025- 2026, as set out in Annex E
- The Annual Treasury Management Strategy and Non-Treasury Management Investment Strategy 2025-2026, as set out in Annex F
- The Strategy for the Flexible use of Capital Receipts, as set out in Annex H
- The balances and reserves forecast for 2025-2026 to 2028-2029 as set out in Section 7 of the report.
- Formally note the renewal of the CIVICA OpenRevenues 3-year software contract from 01 June 2025 with an annual fee of £0.106m (an increase of £0.031m over the previous annual contract value)
Cabinet is recommended to approve delegation to the Council’s Deputy Chief Executive, in consultation with the Deputy Leader and Cabinet Member for Finance
- To agree changes to the General Fund Summary arising from the Local Government Finance Settlement and the Business Rates Retention Scheme estimates prior to submission to Council.
Additional documents:
- Annex B - Medium Term Financial Strategy 2025-26, item 10.
PDF 405 KB
- Annex C - Budget Pressures and Savings 2025-26 v2, item 10.
PDF 609 KB
- Annex D_Capital Programme 2025-2026 to 2028-2029, item 10.
PDF 467 KB
- Annex E - Draft Annual Capital Strategy and MRP Statement 202526, item 10.
PDF 989 KB
- Annex F Annual 202526 Draft Treasury Management and Non Treasury Investment Strategy, item 10.
PDF 1 MB
- Annex D 1_Capital Programme 202526 to 202829 V2 full detail, item 10.
PDF 494 KB
- Annex G_Detailed Budget 2025 2026, item 10.
PDF 1 MB
- Annex I - Budget Consultation Results, item 10.
PDF 572 KB
- Webcast for Budget 2025/26 and Medium Term Financial Strategy
Meeting: 03/02/2025 - Overview and Scrutiny Committee (Item 13.)
13. Budget 2025/26 and Medium Term Financial Strategy PDF 1 MB
Purpose
To present the Revenue Budget for 2025-26, Capital Programme and Medium-Term Financial Strategy for 2025-2026 to 2028-2029
Recommendation
That the Committee agrees any recommendations it wishes to submit to Cabinet on 6 February 2025.
Additional documents:
- Annex B - Medium Term Financial Strategy 2025-26, item 13.
PDF 405 KB
- Annex C - Budget Pressures and Savings 2025-26 v2, item 13.
PDF 609 KB
- Annex D_Capital Programme 202526 to 202829, item 13.
PDF 467 KB
- Annex D 1_Capital Programme 202526 to 202829 V2 full detail, item 13.
PDF 494 KB
- Annex E_ Draft Annual Capital Strategy and MRP Statement 202526, item 13.
PDF 989 KB
- Annex F Annual 202526 Draft Treasury Management and Non Treasury Investment Strategy, item 13.
PDF 1 MB
- Annex G_Detailed Budget 2025 2026, item 13.
PDF 1 MB
- Annex I - Budget Consultation Results, item 13.
PDF 572 KB
- Webcast for Budget 2025/26 and Medium Term Financial Strategy