Financial Position Update - February
February 25, 2025 Cabinet (Cabinet collective) Approved View on council websiteFull council record
Purpose
To consider the report of the Cabinet Member
for Finance and Corporate Services detailing an update on the
Council's financial position for 2024/25.
Decision
To agree the £0.28M adjustments to be
made to directorate budgets to reflect sustained favourable
variances reported at month 10 of 2024/25 due to transformation
measures, to be transferred to centrally held contingency to reduce
the reliance on Exceptional Financial Support (EFS), as set out in
paragraph 6.
Related Meeting
Budget, Cabinet - Tuesday, 25th February, 2025 4.30 pm on February 25, 2025
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 25 Feb 2025 |
| Subject to call-in | Yes |