Purpose

To
consider the December 2024 (Quarter 3) Financial Management Report 2024/25.

 

Content

(a)  That the
Senior Leadership Team’s forecast of the full year’s outturn for the Council,
made at the end of December 2024 including progress of the transformational and
efficiency savings incorporated into the budget, be noted.

 

(b)  That
the capital programme for 2024/25, be noted.

 

(c)  That
the allocation of £7m from reserves to support the repairs and maintenance
compliance work of the council’s property portfolio be approved.

Reason for the
decision

 

The Council provided
a mix of statutory and discretionary services to communities across Dorset and
was legally required to set a balanced budget every year, and so must deliver
services within the resources made available through the revenue and capital
budgets for 2024/25. 

The report
summarised the Council’s forecast financial performance for the 2024/25 year as
at the end of December 2024.