Purpose

To set out the current
financial position for the Council at the end of the third quarter
of 2024/25.

Decision

DECISIONS:
 

1)   
That the forecast revenue position of a
£176,000 underspend for 2024/25 as detailed in Table 1, and
the need for continued focus on the savings and efficiency
programme be noted.

 

2)   
That the forecast revenue
position of the HRA for 2024/25 (surplus of £227,000) as
detailed in Table 2 be noted.

 

3)   
That the virement of £135,000 from other
cancelled spending needs, to fund contract cost pressures be
approved.
 
RECOMMENDATIONS FROM CABINET TO COUNCIL:
 

4)   
That Cabinet recommends to Full Council to amend the
Capital Programme at Appendix A – Table 4b to take into
account the changes set out in this report.

 

5)   
That Cabinet recommends to Full Council to amend the
Capital Programme at Appendix A – Table 5a to take into
account the changes set out in this report.