Quarterly Budget Monitoring Report, July-September 2024

November 26, 2024 Cabinet (Cabinet collective) Key decision Awaiting outcome View on council website

This summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.

Summary

The Cabinet of Cheltenham Council decided on 26 November 2024 to note the contents of the budget monitoring report, including projected variances and actions to reduce overspends. The report detailed projected overspends of £780,000 for the general fund and highlighted variances in various service budgets, including planning, bereavement services, and housing benefits. Actions to ensure overspends are reduced as far as possible by the end of the financial year were also noted.

Full council record

Purpose

To consider the report

Decision

RESOLVED THAT:

-       the contents of this report are noted, including the key projected variances to the general fund and Housing Revenue Account (“HRA”) 2024/25 revenue and capital budgets approved by Council on 23 February 2024, and the actions to ensure overspends are reduced as far as possible by the end of the financial year. 

Related Meeting

Cabinet - Tuesday, 26th November, 2024 6.00 pm on November 26, 2024

Supporting Documents

Appendix 4 - Section 106 Statement 2024-25.pdf
Budget Monitoring Report Q2 2024-25 FINAL 003.pdf
Appendix 2 - Q2 General Fund Capital Programme.pdf
Appendix 3 - HRA Capital Programme.pdf
Appendix 5 - CIL Statement 2024-25.pdf

Details

OutcomeFor Determination
Decision date26 Nov 2024
Expected date26 Nov 2024
Originally due26 Nov 2024
Lead officerGemma Bell