Agenda item

Purpose: to consider and recommend to Council the 2023-24 Revenue Budget, which proposes a Council Tax requirement of £117.5m, requiring a Council Tax increase of 2.99% and an Adult Social Care precept of 2%. The Council Tax will raise £3.3m, the precept will raise a further £2.2m, and an increased taxbase will raise a further £1.8m. At a 4.99% Council tax increase, the budget is balanced, after using £1.8m of reserves that have been specifically set aside. The overall Council Tax increase is intended to balance the financial impact of the pandemic on residents, mitigating the financial pressures they face, as well as the cost pressures that the Council faces.

Resolved that Executive refer the paper and recommendations to Council for approval.

This decision is not subject to call in as:

·      the item is due to be referred to Council for final approval.

therefore it will be implemented immediately.

Councillor Ross Mackinnon proposed and Councillor Lynne Doherty seconded the recommendation within the report (Agenda Item 9).

Councillor David Marsh referred to the £30,000 allocated toward Sports Hub running costs and queried whether the fact that it was recorded from September onwards suggested that the Hub would be up and running by then.  Councillor Mackinnon agreed that this was a fair assumption.

RESOLVED that: Executive refer the paper and recommendations to Council for approval.