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RECOMMENDED TO CABINET: The
Finance, Audit and Risk Committee commented on the assumptions and
information contained within this report, in the context that
Cabinet agrees that:
 

(1)  
That Cabinet note this
report.

(2)  
That Cabinet approves
a decrease of £860k in the 2024/25 net General Fund
expenditure, as identified in section 8, to a total of
£17.889million.

(3)  
That Cabinet approves
the changes to the 2025/26 General Fund budget, as identified in
table 4 and paragraph 8.3, a total £361k decrease in net
expenditure.
That Cabinet recommends to
Council:

(4)  
That Council approves
the net transfer to earmarked reserves, as identified in table 9,
of £1.035million.

REASONS FOR RECOMMENDATIONS:

(1)   
Members are able to monitor,
make adjustments within the overall
budgetary framework and request appropriate action of Services who
do not meet the budget targets set as part of the Corporate
Business Planning process.

 

(2)   
Changes to the Council’s balances are monitored and
approved.