Last Modified January 12, 2024
This page provides details of the 2024/25 draft budget.
Each year, we set our budget for the upcoming financial year. We are required by law to set a balanced budget which means our budgeted expenditure should be equal to our anticipated income.
Our Cabinet considered the draft budget for the financial year 2024/25 at their meeting on 10 January 2024 and recommended the budget for consultation. Part of the consultation process is seeking the views from our residents and business rates payers about our plans.
We have produced a draft budget summary to help explain the background, statutory requirements, the budgets themselves and the challenges that come with setting our budgets in the link below.
Our 2024/25 draft budget summary
If you would like to read through the full details of the 2024/25 draft budget presented in the 10 January Cabinet you can view the report on the meeting agenda.
You can provide you views on the draft budget by visiting our consultation hub and completing a short survey no later than 11 February 2024 to allow your comments to be considered in the final budget papers.
Take our survey - visit our engagement hub and click the 'budget consultation 2024/25 project'
The final budget will be presented to the Full Council for approval on 28 February 2024.