Purpose

To receive an update on financial monitoring information for the first quarter 2025/26.

Decision

RESOLVED that it be noted that:

       (1)               the forecast year end position is currently showing an underspend of £242k for the Council’s General Fund revenue budget, this is based on three months which is early in the financial year;

       (2)               the details of specific budgetary issues identified by officers and the actions being taken to address those issues;

       (3)               the current level of Capital expenditure as shown in Appendix 1 of the report.