Purpose

To consider the report regarding the Quarter 1 Financial Forecast 2024/25.

Decision

RESOLVED to:

I.                 Note the contents of this report.

II.               Delegate the authority to re-align budgets within the departments to the Section 151 Officer.

III.              Approve the additions to the Capital Budgets as noted within the Capital Programme and delegate to the Section 151 Officer to finalise the slippage for 2023/24 and adjust the 2024/25 budgets for Quarter 2 monitoring.

IV.             Request a paper that approves an approach to simplifying the internal recharges to an approach that meets statutory requirements and also supports strong and effective budget management.

V.               Delegate the authority to the Section 151 Officer to increase and adjust the capital HRA budgets to account for the successful Social Housing Decarbonisation Fund bid.