Purpose

Financial Performance of the council as at
September 2024 and an updated year end forecast compared to the
2024-25 budget.

Content

RESOLVED
that:-
 
(a)      the following be
approved:
 

(i)            
the re-profiling to the Capital Programme of
£69.689 million from 2024-25 to 2025-26 to reflect estimated
expenditure levels in the current financial year.
 
(b)      the following be
noted:
 
(i)      
the projected overspend on services of £5.996 million and the
assumptions outlined in this report;
(ii)      
the supplementary estimates at Appendix A and the required changes
to the budgets;
(iii)      the delivery of the
approved savings at Appendix B;
(iv)      the use of the contingency
shown at Appendix L;
(v)      the use of reserves shown
at Appendix M;
(vi)      the
virements requested by services within delegated limits as shown in
Appendix N; and
(vii)     the details of capital project
reprofiling shown at Appendix O.