F S519 2024/25 Overall Financial Position Report - March 2025

June 23, 2025 Cabinet (Cabinet collective) Approved 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 Hackney noted the overall financial position of the Council as at March 2025, including an overspend and the impact of mitigation initiatives.

Full council record
Content

RESOLVED:
 
The overall
financial position of the Council and in particular the overspend
and the impact of the initiatives set out to mitigate this, as at
March 2025, were noted.
 
REASONS FOR DECISION
 
To facilitate financial management and control
of the Council's finances.
 
DETAILS OF ALTERNATIVE OPTIONS CONSIDERED AND
REJECTED
 
This budget monitoring report is primarily an
update on the Council’s financial position.

Related Meeting

Cabinet - Monday 23 June 2025 6.00 pm on June 23, 2025

Supporting Documents

08 - F S519 2024-25 Overall Financial Position Report - March 2025.pdf
08-1 - Appendix 1 - Savings Performance 2024-25 to 2026-27.pdf
08-2 - Appendix 2 - Cost of Living Support.pdf
08-3 - Appendix 3 - Use of Reserves.pdf

Details

OutcomeRecommendations Approved
Decision date23 Jun 2025