A copy of the Royal Borough's budget for 2012/13 was met with approval at a council cabinet meeting last night.
The report, which includes the proposal that band D Council Tax be cut by 1.5 per cent compared to 2011/12, was discussed by cabinet members at Maidenhead Town Hall.
Cllr Richard Kellaway, cabinet member for finance, said: "All in all we think it's quite a well-balanced budget and it is one that we are happy to recommend to council in a few weeks time."
The budget is due for council consideration on February 28, and is likely to be implemented on March 15.
The recommendation that the former Holyport Manor School site be marketed by the council for primarily educational or school use was also approved by the cabinet.
Council leader Cllr David Burbage said the borough was looking forward to receiving further proposals for the site.
See Thursday's Advertiser for a full report.
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