Decision Maker: Cabinet

Outcome:

Is Key Decision?: No

Is Callable In?: No

Date of Decision: December 10, 2024

Purpose: Quarterly update on spend against the revenue budget.

Content: 1)      Note the financial position for quarter 2 of 2024/25 and the forecast underspend of £0.48M for the financial year as set out in section 2;   2)      Note the budget virements amounting to £0.41M were processed during quarter 2, as summarised in section 4;   3)      Note the 2024/25 savings and investment in services position detailed in section 6; and   4)      Note the risks associated with the revenue forecasts are detailed in section 9