Decision details

RESOLVED that:

(1)       it is noted that:

i.               the year-end position for the financial year 2023-24 is currently a decrease to the General Fund balance of £288k against a budgeted decrease of £104k;

ii.              the General Fund balance has decreased from £849k to £561k at the end of 2023-24;

iii.             that the level of earmarked reserves has decreased by £0.322m from £4.264 to £3.942m;

iv.       the current level of Capital expenditure is as shown in Appendix 1 of the report;

(2)    the transfers to and from earmarked reserves as detailed in the table in section 6 of the report are approved.