Issue - meetings

AGREED that Cabinet:

a)    subject to approval by Full Council of the Revenue Budget for 2024-25, allocates the budget proposed for 2024/25 over the activities as described in the tables in Section 2 of the report; and

b)  notes and endorses an additional £18,830 budget to be added to the 2025/26 financial year Revenue Budget to cover the shortfall in funding necessary.

The Business Manager – Regeneration & Housing Strategy presented a report which provided an update on the delivery of proposals to assist tenants and residents, local businesses and employees with the rise in the cost of living and set out proposals for ongoing support and activity in 2024/25. As part of the future plans, the Cabinet noted the creation of the food creator role on a two-year fixed term contract.

AGREED (unanimously) that: Cabinet:

a)     subject to approval by Full Council of the Revenue Budget for 2024-25, allocates the budget proposed for 2024/25 for the activities as described in the tables in Section 2 of the report; and

b)  notes and endorses an additional £18,830 budget to be added to the 2025/26 financial year Revenue Budget to cover the shortfall in funding necessary.

Reasons for Decision:

To support tenants, residents, businesses and employees with the ongoing cost of living challenges.

Options Considered:

Alternative options include not providing a cost-of-living response however this has not been considered viable given the pressures faced by residents, staff and business.