On 25 February 2008 the Council approved;

• General Services revenue budget and Council Tax for 2008/09;
• Housing Revenue Account budget and consequent rent levels for 2008/09;
• Five Year Capital Programme (General Fund & Housing);
• Five Year Medium Term Financial Strategy.

The headline figures for 2008/09 are:

• A General Services net revenue budget requirement of £9,881,490 an increase of 3.8%;
• A transfer of £361,760 from general fund (GF) balances;
• A transfer of £178,910 to housing revenue account (HRA) balances;
• The band D Council Tax would be set at £139.28, an increase of £6.50 (4.9% p.a.);
• An average rent of £63.32, which represents an increase of £2.95 (4.9% on the current average rent of £60.37) in line with the Government's Rent Restructuring rules (based on a 50 week rent year);
• A General Fund capital programme of £1.7 million;
• A Housing capital programme of £4.2 million.
• A General Services net revenue budget requirement of £9,881,490 an increase of 3.8%;
• A transfer of £361,760 from general fund (GF) balances;
• A transfer of £178,910 to housing revenue account (HRA) balances;
• The band D Council Tax would be set at £139.28, an increase of £6.50 (4.9% p.a.);
• An average rent of £63.32, which represents an increase of £2.95 (4.9% on the current average rent of £60.37) in line with the Government's Rent Restructuring rules (based on a 50 week rent year);
• A General Fund capital programme of £1.7 million;
• A Housing capital programme of £4.2 million.