On 24^th February, the Council approved the:

• General Services Revenue budget and Council Tax for 2009/10;
• Housing Revenue Account budget for 2009/10;
• Three year Capital Programme;
• Three Year Medium Term Financial Strategy

The headline figures for 2009/10 are:

• A General Services net revenue budget requirement of £10,139,830 an increase of 2.6%;
• A transfer of £1.6m from General Fund (GF) balances;
• A transfer of £137k to Housing Revenue Account (HRA) balances;
• The Band D Council Tax would be set at £145.55, an increase of £6.27 (4.5% on the current council tax of £139.28);
• An average rent of £67.33 which represents an increase of £4.01 (6.3% on the current average rent of £63.32) in line with the Government’s Rent Restructuring rules (based on a 50 week rent year), equating to £64.74 on an annualised 52 week basis;
• A General Fund capital programme of £0.7m (£3.4m over 3 years);
• A Housing capital programme of £4.2m (£11.6m over 3 years).