Decision details

Financial Monitoring: Quarter 2 2024-25

Decision Maker: Overview and Scrutiny Committee, Cabinet

Decision status: For Determination

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

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

Decision:

RESOLVED that the:

 

(1)              forecast year end position is currently for a decrease to the Council’s General Fund balance of £262k against a budgeted increase of £12k is noted;

 

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

 

(3)              current level of Capital expenditure as shown in Appendix 1 of the report is noted.

 

Report author: Greg Maw

Publication date: 16/01/2025

Date of decision: 15/01/2025

Decided at meeting: 15/01/2025 - Cabinet

Effective from: 24/01/2025

Accompanying Documents: