On 23^rd February, the Council approved the:

• General Services Revenue budget and Council Tax for 2010/11;
• Housing Revenue Account budget for 2010/11;
• Five year Capital Programme;
• Five Year Medium Term Financial Strategy

 The headline figures for 2010/11 are:

• A General Services net revenue budget requirement of £10,353,290 an increase of 2.1%;
• A transfer of £1.13m from General Fund (GF) balances;
• A transfer of £0.53m to Housing Revenue Account (HRA) balances;
• The Band D Council Tax set at £149.55, an increase of £4.00 (2.75% on the current council tax of £145.55);
• An average rent of £66.56 which represents an increase of £0.85 (1.3% on the current average rent of £65.71) in line with the Government’s Rent Restructuring rules (based on a 50 week rent year), equating to £64.00 on an annualised 52 week basis;
• A General Fund capital programme of £1.6m (£3.8m over 5 years);
• A Housing capital programme of £4.5m (£25.0m over 5 years).