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(a)      Note the cash position
that has been achieved for the General Fund and HRA to the end of
Quarter 3 as detailed in Appendix 1;
(b)      Note the Common Good
financial performance to the end of Quarter 3 as detailed in
Appendix 3;
(c)      Note that the General Fund
full year forecast position remains on track to achieve a full year
outturn of ‘on budget’ although there are a range of
financial risks that exist for the financial year. Continuing
action and controls, as outlined in Appendix 2 will remain in place
for the remainder of the financial year;
(d)      Approve additional
recurring funding in 2025/26 of £634K for the Integrated
Joint Board of Aberdeen City Council and NHS Grampian (IJB) in
respect of additional funding provided by Scottish Government for
the agreed pay settlement, the distribution of funding to Councils
having been confirmed in the latest Finance Circular;
(e)      Note that the Council
maintains financial resilience with the resources available on the
Council Balance Sheet, the General Fund Reserves in particular. As
at 31 March 2025 the uncommitted value of those reserves was
£12m, the minimum that the Council Reserves Statement
recommends and as approved by the Council;
(f)       Note that the HRA
full year forecast position, as detailed in Appendix 2, is slightly
under budget, but continues to face challenging cost pressures as
outlined in Appendix 2 and the HRA Budget Report 2026/27;
(g)      Note that capital
expenditure continues to be low at the end of Quarter 3, however
forecasts are that additional expenditure and progress will be
recognised in the final quarter; and
(h)      that the Chief Officer
– Finance circulate to the members, further information on
the Aberdeen Sport Village Ltd financial deficit referred to in the
appendix to the report.