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RESOLVED – That the following
recommendations be made to Council:
 

(1a)    
the budget in respect of the General Fund as set out in Appendix 1
of the report be approved as the Current Budget for
2024/25.

 

(1b)    
the budget in respect of the HRA as set out in Appendix 3 of the
report be approved as the Current Budget for 2024/25.

 

(1c)    
the Capital Programme as set out in Appendix 4 of this report be
approved as the Current Budget for 2024/25.
 
REASONS FOR DECISION - The purpose of the
report was to prepare revised budgets as early as possible within
the financial year to provide sufficient time to allow any planned
changes to be delivered.  The Council
had faced some specific financial challenges this year putting
pressure on the ability to set a balanced General Fund budget but,
use of reserves ring fenced for providing resilience when needed
had mitigated this.
 
OTHER OPTIONS CONSIDERED AND REJECTED – There were no alternative options
considered.  How resources were utilised
was ultimately a decision for Members, which would form part of the
2025/26 Medium Term Financial Planning process.
 
This was
not a Key Decision and so can be implemented with immediate effect
by officers.