Issue - meetings

Medium Term Financial Strategy 2023/24 - 2025/26

Meeting: 23/02/2023 - Council (Item 86)

86 Referral from Cabinet - Medium Term Financial Strategy 2023/24 - 2025/26 pdf icon PDF 232 KB

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.

Additional documents:

Minutes:

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.

 

Proposed by Councillor Russell Perrin (seconded by Councillor James Leppard) it was:

 

RESOLVED that the above recommendations be approved.


Meeting: 16/02/2023 - Cabinet (Item 107)

107 Medium Term Financial Strategy 2023/24 - 2025/26 pdf icon PDF 232 KB

Additional documents:

Decision:

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.

Minutes:

The Cabinet received the Medium Term Financial Strategy 2023/24 – 2025/26.

 

Proposed by Councillor James Leppard (seconded by Councillor Alastair Gunn) it was:

 

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.