Consideration of objections to the Councils proposal to lease additional space to Guisborough Town FC at King George V Playing Field Guisborough

It is recommend that Cabinet:
• A Medium-Term Financial Strategy, incorporating the Transformation Savings programme and including:
o A 2.99% council tax increase for 2025/26.
o A 2.00% adult social care precept increase for 2025/26.
• For Business Rates
o the National Non-Domestic Rates Return (NNDR1) 2025/26 as the business rates base position for the Borough.
o the forecast surplus position on the Collection Fund for 2024/25.
• The setting of a General Reserve position of £6.626 million.
• The required council tax amounts and revenue allocations, applicable for the borough of Redcar & Cleveland.
• An affordable medium term Capital Investment Programme, including a revised 2024/25 position.
• A Treasury Management Strategy that sets the authorised limit for external debt for 2025/26 at £312.697 million, as supported by the Governance Committee.
• A Minimum Revenue Provision (MRP) policy for 2025/26, as supported by the Governance Committee.
• A Policy for flexible use of capital receipts for 2025/26.

The report also seeks agreement for an uplift to the Council’s Redcar and Cleveland Minimum Wage Supplement and includes a report on the current position in terms of the Council’s gender pay gap.

Approval is sought to endorse the Public Health Strategy and approve the approach for the allocation of the Public Health Grant to the wider council ensuring spend is in line with the grant conditions.