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(a)      note the unaudited final
outturn position for financial year 2024/25 as detailed in Appendix
1;
(b)      note the General Fund has
recorded a balanced position on the operational budget for the year
2024/25. The uncommitted General Fund reserve remains in line with
the approved Reserves Policy;
(c)      note that the Housing
Revenue Account has recorded a deficit of £3.001m for the
year, and this will have to be funded from the uncommitted HRA
reserve. The uncommitted HRA reserve is below the recommended
level;
(d)      note that the Common Good
has recorded an operating surplus of £0.054m for the year,
which is better than the approved use of cash reserves. After
investment valuation changes are included, cash balances decreased
by £0.451m but remain in line with recommended levels;
(e)      approve the various
transfers for 2024/25, between Council Reserves and earmarked sums
for the General Fund, Housing Revenue Account, Common Good and
Statutory Funds as of 31 March 2025, as detailed in Appendix 1;
(f)       approve the
reprofiling of the 2025/26 – 2028/29 capital programmes as
detailed in Appendix 1, page 13, to take account of the year end
position and that the outcome of this is incorporated into the
2025/26 Quarter 1 reporting; and
(g)      note that the unaudited
Annual Accounts for 2024/25 will be presented to Audit, Risk and
Scrutiny Committee on 8 May 2025, including the Annual Governance
Statement and Remuneration Report for the year; and
(1)      agree to provisionally
allocate £35k, from the Common Good Fund, to facilitate a
parade and celebrations if Aberdeen FC win the 2024/25 Scottish
Cup;
(2)      wishes Aberdeen FC every
success in the upcoming final on 24 May 2025 at Hampden Park;
and
(3)      that in relation to Common
Good earmarked reserves pertaining to AWPR Drainage Issues for
future issues, the Chief Officer – Finance would clarify what
the funding was specifically earmarked for and determine whether it
could be used in relation to the issues at Culter House Road and
circulate details to the members of the Committee and Councillor
Boulton in this regard.