Purpose

Financial Performance as at June 2024 for the
Council against the budget set for 2024-25

Content

RESOLVED
that:-
 
Cabinet approve:
•    the re-profiling
to the Capital Programme of £56.614 million from 2024-25 to
2025-26 to reflect estimated expenditure levels in the current
financial year.
•    the virements
requested by services above delegated limits as shown in Appendix
N.
 
Cabinet note:
·              
the projected overspend on services of £6.766
million and the assumptions outlined in this report.
•         the
supplementary estimates at Appendix A and the required changes to
the budgets.
•         the
delivery of the approved savings at Appendix B.
•         the use
of the contingency shown at Appendix L.
•         the use
of reserves shown at Appendix M.
•         the
virements requested by services within delegated limits as shown in
Appendix N.
•         the
details of capital project reprofiling shown at Appendix
O.