Issue - decisions

2024/25 Quarter Three Finance Update

02/04/2025 - 2024/25 Quarter Three Finance Update

DECISIONS:

 

1)    That the forecast revenue position of a £176,000 underspend for 2024/25 as detailed in Table 1, and the need for continued focus on the savings and efficiency programme be noted.

 

2)    That the forecast revenue position of the HRA for 2024/25 (surplus of £227,000) as detailed in Table 2 be noted.

 

3)    That the virement of £135,000 from other cancelled spending needs, to fund contract cost pressures be approved.

 

RECOMMENDATIONS FROM CABINET TO COUNCIL:

 

4)    That Cabinet recommends to Full Council to amend the Capital Programme at Appendix A – Table 4b to take into account the changes set out in this report.

 

5)    That Cabinet recommends to Full Council to amend the Capital Programme at Appendix A – Table 5a to take into account the changes set out in this report.