Purpose

To consider the monitoring data and trends in respect of the 2024/25 budgets and issues.

Decision

Cabinet considered the report and:

(a)  Noted the 2024/25 revenue position against the approved revenue budget to date shown in Appendix B to the report, the projected major variances with reasons for these variances at Appendices C1 to C7 to the report and the action being taken to address the underlying issues.

(b)  Noted the comparison in the various appendices was against the revised estimate.

(c)   Noted the latest Capital Programme 2024/25 position [and variances, if any] as shown in Appendix D to the report.