Decision
BCA/25/3 GENERAL FUND FINANCIAL MONITORING 2024/25 Q4 OUTTURN
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 the General fund 2024/25 deficit of £1m be noted. 1.2 To fund the deficit for the financial year of £1m from the Financial Resilience Reserve. 1.3 That the carry forward in the Capital Programme of £3.5m be approved REASON FOR DECISION To ensure that Members were kept informed of the financial position for both General Fund Revenue and Capital and to approve earmarked reserve transfer. Alternative Options Considered and Rejected: There were no other available options. Any Declarations of Interests Declared: None Any Dispensation Granted: None
Related Meeting
Babergh Cabinet - Tuesday, 10th June, 2025 4.00 pm on June 10, 2025