Purpose

To note the latest resource and spending information, the advice and the impact on the emerging budget proposals and the Executive Director for Resources’ risk assessment on the level of general reserves and to publish, in light of the information provided, Cabinet's 2024/25 budget resolutions for recommendation to Full Council on 8 February 2024.

Decision

Resolved

That Cabinet

1)    note the latest resource and spending information, the advice and the impact on the emerging budget proposals presented in this report;

2)    note the Executive Director for Resources’ risk assessment on the level of general reserves, as detailed in Appendix A; and

3)    publish, in light of the information provided, their 2024/25 budget resolutions for recommendation to Council on 8 February 2024.