Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: No

Date of Decision: December 10, 2024

Purpose:

Content: *RESOLVED –   1.   That the forecast outturn position of the General Fund Revenue Account for the financial year 2024/25 be noted.   2.   That the strategy for achieving a managed underspend General Fund Revenue Account budget outturn position for the financial year 2024/25 be supported.   3.   That the General Fund Capital Programme expenditure forecast for the financial year 2024/25 be noted.   4.   That the emerging Medium-Term Financial Plan forecast positions for the General Fund Revenue Account for the period 2025/26 to 2028/29 be noted.   REASONS FOR DECISIONS   1.   This periodic monitoring report summarises the current assessment of the Council’s forecast outturn position for the financial year 2024/25 in relation to the General Fund Revenue Account. It also provides a robust basis for medium term financial planning.   2.   The report also provides an update on the current status of the General Fund Capital Programme.   3.    This is the third formal monitoring report for the 2024/25 financial year.