Decision

BUDGET MONITORING P6
2024/25
 
Cabinet:

1.    
Noted the contents of the report and the current forecast year end
position.

2.    
Noted that officers will work together to take action to reduce the
overall projected General Fund deficit for 2024/25.
 
Cabinet seek approval from full Council:

3.    
to include an addition to the revenue budget of £13,000 for
an addition to existing Exacom software
as laid out in paragraph 4.8.1

4.    
to include a permanent increase to the revenue budget of
£34,000 for an additional member of staff in the Licensing
Team as detailed in paragraphs 4.8.2 to 4.8.5. This will be funded
from the ring-fenced licencing income.  

5.    
to include an additional capital budget of £22,000 to
complete the Cromer Offices LED lighting project. This is to be
funded from the Net Zero Initiatives reserve as detailed in
paragraph 5.4.2

6.    
to include an additional capital budget of £5,600 to pay the
retention sum for the Crinkle Crankle
Wall and that this is funded from the Major Projects Reserve as
detailed in paragraph 5.4.3

7.    
to include an additional capital budget of £30,000 to
rethatch the Collector’s Cabin roof and that this is to be
funded from the Asset Management reserve as detailed in paragraph
5.4.4

8.    
to include an additional capital budget of £23,400 to develop
the customer services C3 software and is to be funded from the
Development Plan reserve. as detailed in paragraph 5.4.5