Purpose

To provide an update on the Council’s financial performance, revenue budgets and capital programme to the end of quarter 1 2024/2025 and explain the impact on the current financial position.

Content

(Non-key decision):   (1) To note the forecast outturn position for 2024/25 and associated risks.   (2) To delegate authority to the Director of Finance and Performance and the portfolio holder for finance, assets and community wealth building, to apply the required budget virements to support effective management of the overall budget.   (3) To note Appendix 1 and 2 to the report.