11. Budget and Business Planning Report PDF 489 KB
Forward Plan Ref: 2024/218
Contact: Kathy Wilcox, Head of Financial Strategy
Kathy.wilcox@oxfordshire.gov.uk
Report by Executive Director of Resources and Section 151 Officer
The Cabinet is RECOMMENDED to:
a) Endorse the report and note the assumptions that will form the starting point for the 2025/26 budget as well as updates since the Medium Term Financial Strategy was agreed in February 2024 that need to be considered;
b) Approve the budget and business planning process for 2025/26;
c) Approve a three-year period for the medium-term financial strategy to 2027/28 and ten-year period for the capital programme to 2034/35
d) Delegate to the Section 151 Officer in consultation with the Cabinet Member for Finance the decision on whether to continue to be a member of the North Oxfordshire Business Rates Pool and;
e) Note the requirement for the council to set a sustainable balanced budget which shows how income will equal spending plans
Additional documents:
Decision:
Recommendations approved.