Purpose

Revenue budget monitoring Quarter 1
2024/25

Content

RESOLVED -
 
It is recommended that Executive Board:-
 
a) give approval to the Portfolio Cash Limit
Adjustments as outlined in Appendix 1;
 
b) note the General Fund Budget Summary
position as at 30th June 2024;
 
c) note the current forecast overspend of
£1.931m at the end of Quarter 1 and, in relation to the
position of the individual Portfolios, request Portfolio Holders to
review their budgets for the remainder of 2024/25 with a view to
identifying potential mitigating actions.
 
d) note the Earmarked Reserves and General
Fund Balance position as at 30th June
2024.