Decision Maker: Executive Cabinet

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: June 25, 2025

Purpose: To provide members with the outturn position for 2024/25 on revenue and capital budgets, and Dedicated Schools Grant.

Content: RESOLVED (i)    To NOTE the General Fund revenue budget outturn position of £16.920m. (ii)   To NOTE the in year deficit on the DSG of £14.162m. (iii)To NOTE the Capital programme outturn expenditure of £27.297m. (iv)To APPROVE the acceptance of grants detailed in section 4 and table 11 of this report. (v)   To APPROVE the utilisation of reserves to fund the revenue budget overspend of £16.920m as set out in Section 8. (vi)To APPROVE the consolidation of Budget Resilience and Strategic Priorities reserves as set out in section 8.