Purpose

The Performance and Resources
Report (PRR) details the Council’s position in relation to
revenue and capital spending, budget planning, workforce
projections, performance and risk management by portfolio against
the County Council’s priorities. The Leader, Cabinet Member
for Finance & Property, or Cabinet will be recommended to
approve the PRR and any decisions required in relation to budget
(revenue or capital), resources and performance
management.

Decision

Following
consideration of the report the Cabinet resolved:

(1) To note the Q4
Performance and Resources Report in Annex B and in particular, the
financial challenges set out in paragraphs 75 - 79.

(2) To note the
Scrutiny Committee feedback.

(3) To approve the
overall revenue and capital financial outturn position within the
Performance and Resources Report including:

a.  
Agreeing the overall revenue outturn overspend position of
£10.118m, which is made up of the following items:

                                    
i.   
Overspending on Portfolio Budgets of £32.901m,

                                   
ii.   
Additional Financing Income received of £1.749m,

                                  
iii.   
A mix of additional funding and unspent budget within Non-Portfolio
Budgets of £21.034m.

b.  
Noting the required draw-down of £10.118m from the Budget
Management Reserve.

c.   
Agreeing the overall capital outturn position of £119.629m,
compared to the revised Capital Programme forecast of
£130.693m.

(4) To approve the
proposed changes to Key Performance Indicator Measures 2, 6, 10,
15, 51b, 51c, 60, 61 and 63 detailed in Annex C.
The call-in deadline is 17 July 2025