Decision details

DECISION:

·       To accept the report and note the content

·       To accept the financial propriety of the proposals and the relevant risks

·       To submit observations from the discussion to the Cabinet for its consideration when discussing and approving the 2026/27 Budget at its meeting on 10/02/26

·       To thank the Finance Department for their thorough work in preparing the Budget

·       The overspending situation was worrying

·       There was concern that the reserve was dwindling – a harvesting exercise would be welcomed

·       Development/improvement plans for Residential Homes in Gwynedd – request for the findings of the Housing LIN Cymru inquiry to be submitted to the Committee

Note:

-        List of capital bids – the plan to extend Ysgol y Faenol car park. A request from the Local Member for further details regarding the reasons for the time slippage (original date 2021) and the costs associated with the slippage

-        A suggestion to present Council tax information in monetary value (£) rather than a percentage (%) only

-        The Finance Officer's statement – that the budget 'inevitably includes an element of risk from assumptions' ... are there plans in place if there is a reduction in housing premium collections, but an increase in demand for building houses?