Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: No

Date of Decision: February 18, 2025

Purpose: This regular monthly report provides the latest revenue budget monitoring position for 2024/25 for the Council Fund and Housing Revenue Account. The position is based on actual income and expenditure as at Month 9, and projects forward to year-end.

Content: (a)       That the report and the estimated financial impact on the 2024/25 budget be noted; and   (b)       That the measures being put in place to improve the financial position be supported and approved, and the use of reserves to address the potential overspends referenced in the report by the end of the financial year be approved.