Decision Maker: Mid Suffolk Cabinet, Babergh Cabinet

Outcome:

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: June 10, 2025

Purpose: To note the financial monitoring report.

Content: It was RESOLVED: -   1.1          That Cabinet approved the use of the Strategic Reserve to cover the HRA deficit of £1.2m.   1.2          That Cabinet noted the separation of the Leaseholder Reserve of £26k from Strategic Reserves.   1.3          That Cabinet approved the carry forwards of £8.2m from 2024/25 Capital Programme into 2025/26   REASON FOR DECISION   To ensure that Councillors were kept informed of the financial position for Housing Revenue Account.   Alternative Options Considered and Rejected:   The recommended option was set out in the recommendations, there were no other available options.   Any Declarations of Interests Declared: None Any Dispensation Granted: None