Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Date of Decision: February 4, 2025

Purpose: To consider the Council’s financial forecast outturn position for Quarter 3 2024/25 and amendments to the Capital Programme.

Content: RESOLVED: 1.             That the GFRA forecast outturn of £2.240m against budget be noted, together with the management action plan set out in the report. 2.             That the Dashboards to support the period 9 position be noted, which is set out in Annex A of the report. 3.             That the reserves position as detailed in Annex B of the report are noted. 4.             Cabinet approved the additions and amendments to resource allocation and spend approval for the 2024/25 capital programme set out in Annex C of the report. 5.             Cabinet noted the forecast outturn position on the 2024/25 Capital Programme as an underspend of (£0.879m) after slippage of £42.988m as detailed in Annex D of the report. 6.             That the Treasury Management report including prudential indicators, as detailed in Annex E of the report is referred to Council for approval. 7.             That the virements to the original budget as detailed in Annex F of the report are approved. 8.             Cabinet approved the additions and amendments to resource allocation and spend approval for the 2024/25 Tariff programme set out in Annex G of the report. 9.             Cabinet approves the Debt Write-off exceeding £50k as outlined in paragraph in 2.3 of the report.