Decision details

RESOLVED that Cabinet recommended to Full Council that:

A    The General Fund element of Medium Term Financial Strategy for 2023/24 to 2025/26 (attached as appendix B to the report) is adopted.

B    The Housing Revenue Account (HRA) element of the Medium Term Financial Strategy for 2023/24 to 2025/26 (as attached as Appendix C to the report) is adopted.

C    The planned Council Tax freeze for 2023/24 for the Harlow Council element of the 2023/24 Council Tax demand is approved.

D    That the anticipated New Homes Bonus for 2023/24 of £572,205 be used to increase the funds available within the Budget Stabilisation Reserve to a projected balance of £1.35million when combined with other proposals set out in this and the General Fund Budget report.

E     That movements in reserves set out in the report are approved.