Purpose

To present the Quarter Three finance position.

Decision

RESOLVED:

1. 1.     That the forecast revenue position of a £627k underspend for 2024/25, as detailed wihin Table 1, and the need for continued focus on the savings and efficiency programme be noted; and
2. 2.     That Full Council be recommended to amend the Capital Programme, at Appendix A – Table 5a, to take into account the changes set out within the report.

Reasons for the decision

To ensure the Council’s forecast financial position for 2024/25 is considered and related decisions approved. It is important that the Cabinet are aware of the financial position of the General Fund to ensure that they can make informed decisions that are affordable and financially sustainable for the Council.

Alternative options considered

To not approve the outlined position.