Earlier in the month, the council declared itself no longer effectively bankrupt.
In budget documents made public ahead of a cabinet meeting, the authority said its financial situation for 2026-27 would be “balanced”, with services set for £130m of investment.
Since autumn 2023 and the emergence of a vast financial black hole linked in part to equal pay liability, residents have seen service cuts.
The council has had government commissioners in place to help steer the ship during financial woes that as well as equal pay issues were connected to millions spent on a botched IT system upgrade.
Leader John Cotton has previously said: “Thanks to the decisive tough action we took to get the council back on track, the ‘bankrupt Birmingham’ tag is now a thing of the past.
“We are back in the mainstream of local government.”