Agenda item

The report, which presented the Authority’s 2024/25 revenue budget for Member approval was presented by the Head of Finance.

There were no updates to the published report.

The Chair thanked Justine Wells, the Finance Manager, for her work over the past 3 years and wished her good luck in her new role.

The recommendations as set out in the report were moved, seconded, put to the vote and carried.

RESOLVED

1.    To approve the Authority’s annual budget for the 2024/25 financial year as set out in Appendix 1 of the report.

2.    To approve the increase of the Vacancy Factor from 4% to 5%.

3.    To note the Medium Term Financial Plan (MTFP) for the Authority in the period 2024/25 to 2027/28.