Decision details

Financial Monitoring: Quarter 1 2024-25

Decision Maker: Overview and Scrutiny Committee, Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

To receive an update on financial monitoring information for the first quarter 2024/25.

Decision:

RESOLVED it is noted that:

 

       (1)               the forecast year end position is currently for a decrease to the Council’s General Fund balance of £67k against a budgeted increase of £12k;

 

       (2)               the details of specific budgetary issues identified by officers and the actions being taken to address those issues;

 

       (3)               the current level of Capital expenditure as shown in Appendix 2 of the report.

 

 

Publication date: 12/09/2024

Date of decision: 11/09/2024

Decided at meeting: 11/09/2024 - Cabinet

Effective from: 20/09/2024

Accompanying Documents: