Decision Maker: Executive Board

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: No

Date of Decision: June 10, 2025

Purpose: To inform Members of the Council Fund revenue outturn for 2024/25, to agree the proposals with regard to reserves and to determine the year end carry forward arrangements.   To inform Members of the Housing Revenue Account outturn for 2024/25

Content: RESOLVED –   (i)       That the final 2024/25 revenue position as set out in report COFI/21/25 be supported.   (ii)      That the resulting position at 31 March 2025 of the Council’s earmarked reserves and general balances be supported, including the application of £1,773,803 from the Budget Mitigation reserve to support pressures on statutory services throughout the year.   (iii)     That the above decisions be included in the Statement of Accounts.   Reason for Decisions   To agree the final position for inclusion in the Statement of Accounts that will be considered by the Governance & Audit Committee.