Decision details

General Fund Budget 2023-24 and Medium Term Financial Plan 2024-25 to 2026-27

Decision Maker: Executive, Council

Is Key decision?: No

Is subject to call in?: Yes


To recommend to Council:
• Approval of the general fund revenue budget for 2022-23
• Agreement of a council tax requirement for 2022-23
• Declaration of any surplus/deficit on the collection fund



Recommended to Council (8 February 2023):

(1)  To approve a 2.99% increase in Guildford’s Band D Council Tax Charge for 2023/24 with resultant increases to the other council tax bands.

(2)  To approve the General Fund Budget for 2023/24, as summarised in Appendix 2.

(3)  To continue the Council’s existing Council Tax Support Scheme at the current levels.

(4)  To approve the General Fund Fees and Charges for 2023/24 proposed in Appendix 4.

(5)  To utilise the full amount of the New Homes Bonus received for 2023/24 for the purpose of contributing to identified one-off General Fund revenue cost pressures.

(6)  To agree that the Joint Management Team undertakes a comprehensive service challenge and present a revised budget and Medium-Term Financial Plan to Full Council in July 2023 as described in this report.


To enable the Council to set the Budget and Council Tax for the 2023-24 financial year.  The General Fund Budget is a major decision for the Council and setting a balanced budget is a statutory requirement.

Other options considered and rejected by the Executive:


Details of any conflict of interest declared by the Leader or lead councillors and any dispensation granted:


Report author: Peter Vickers

Publication date: 27/01/2023

Date of decision: 26/01/2023

Decided at meeting: 26/01/2023 - Executive

Effective from: 04/02/2023

Accompanying Documents: