Financial Position Update - March

March 25, 2025 Cabinet (Cabinet collective) Key decision Approved View on council website
Full 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

i) 
Agree the £0.10M adjustments to be made to directorate
budgets to reflect sustained favourable variances reported at month
11 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

Cabinet - Tuesday, 25th March, 2025 4.30 pm on March 25, 2025

Supporting Documents

Appendix 1 - Financial Position Update Report Month 11.pdf
Financial Position Update - March.pdf

Details

OutcomeRecommendations Approved
Decision date25 Mar 2025
Subject to call-inYes