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Council. Full Council sets the budget and council tax and approves major plans.
Minimum Revenue Provision policy for 2025/26
The Council approved its Minimum Revenue Provision (MRP) policy for 2025/26. Leased assets are charged in line with the rent payments, and other assets are charged over their useful life, starting the year after they become operational.
Council. Full Council sets the budget and council tax and approves major plans.
Minimum revenue provision policy for 2026/27
Council approved the Minimum Revenue Provision Policy for 2026/27. Right of use assets, such as leases, will be charged at the part of the rent that reduces the lease liability on the balance sheet, except high value long life right of use assets. All other assets, including PFI assets, will follow the asset life method, and charges will start in the year after an asset becomes operational.
Items are linked when their titles share most of their words and they fall within 18 months of each other. Councils don't number reports across meetings, so a few links may be wrong, and a step may be missing if its title changed a lot. Each step links to the meeting, where the council's own papers are.