Decision

Financial Position Update - February

Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: Yes

Date of Decision: February 25, 2025

Purpose: To consider the report of the Cabinet Member for Finance and Corporate Services detailing an update on the Council's financial position for 2024/25.

Content: To agree the £0.28M adjustments to be made to directorate budgets to reflect sustained favourable variances reported at month 10 of 2024/25 due to transformation measures, to be transferred to centrally held contingency to reduce the reliance on Exceptional Financial Support (EFS), as set out in paragraph 6.

Supporting Documents

Financial Position Update - February.pdf
Appendix 1 - Financial Position Update Month 10.pdf
Appendix 2 - Treasury Management as at end of December 2024.pdf
MRD5 - Collection Fund Forecast as at end of December 2024.pdf
MRD1 GF Revenue Forecast as at the end of December 2024.pdf
MRD3 - Key Financial Risks as at the end of December 2024.pdf
Appendix 3 - Prudential Indicators as at end of December 2024.pdf
MRD2 - Details of savings delivery as at the end of December 2024.pdf
MRD4 - Performance Indicators as at the end of December 2024.pdf

Related Meeting

Budget, Cabinet - Tuesday, 25th February, 2025 4.30 pm on February 25, 2025