Decision Maker: Executive

Outcome: For Determination

Is Key Decision?: No

Is Callable In?: No

Date of Decision: March 26, 2025

Purpose:

Content: That   1.  The latest financial position be noted;   2.  It be noted that a projected net overspend on services of £26,322k is forecast based on information as at December 2024.   3.  The comments from Chief Officers detailed in Appendix 2 of the report be noted;   4.  A projected reduction to the General Fund balance of £22,630k as detailed in section 3.3 of the report be noted;   5.  The full year cost pressures of £31.752m as detailed in section 3.4 of the report be noted;   6.  The release of funding from the 2024/25 central contingency as detailed in paragraphs 3.2.2 be approved;   7.  Any issues identified be referred to individual Portfolio Holders for further action.