Purpose

To
receive the financial position as at the end of June
2025.

Decision

RESOLVED –

That the Quarter 1 net expenditure on services year
to the end of June 2025 was £4,372,000, £331,000 less
than budget be noted.

That by year end the Council anticipates net
expenditure of £16,804,000 on services, £378,000 under
budget be noted.  However,
£353,000 of this is Public Realm 2 net income to be
transferred back to the On Street Parking Reserve be approved, with
the remaining £25,000 being the forecast underspend on the
other costs of services be noted.

 
REASON FOR DECISION:  To show the actual expenditure on
services compared to the revised budget for the period ended 30
June 2025, and the forecast outturn position, highlighting
significant variances from the revised annual budget.