Financial Position Update
November 26, 2024 Cabinet (Cabinet collective) Approved View on council websiteFull council record
Purpose
An update on the Council's financial position
for 2024/25
Decision
To agree the £1.85M adjustments to be
made to directorate budgets to reflect sustained favourable
variances reported at month 7 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, 26th November, 2024 4.30 pm on November 26, 2024
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 26 Nov 2024 |
| Subject to call-in | Yes |