Decision
REVENUE BUDGET 2025/26 - END OF AUGUST 2025 REVIEW
Decision Maker:
Outcome:
Is Key Decision?: No
Is Callable In?: No
Date of Decision: November 11, 2025
Purpose:
Content: 1.1 To approve additional financial support above the contractual payment projected to be £219k to Cwmni Byw'n Iach to be funded from the transformation fund, delegating the right to the Cabinet Member for Economy in consultation with the Cabinet Member for Finance, the Chief Executive and the Head of Finance to agree on the amount of the final financial support above the contractual payment to Byw'n Iach at the end of the financial year. 1.2 To ask the Head of Finance and Head of Environment to submit a further report on the possible options for funding the costs of making safe/demolishing the Corbett Arms building in Tywyn. 1.3 To approve the transfer of £3.757 million of underspend on corporate budgets to the Council's Financial Strategy Reserve, with its use to be considered before the end of the current financial year. 1.4 To approve the financial virements as outlined in Appendix 3 following a review of the funds, removing £576k worth of negative balances from the funds of the Adults, Health and Well-being Department (£300k) and the Children and Supporting Families Department (£276k), following the departments' overspending for three consecutive years.
Related Meeting
The Cabinet - Tuesday, 11th November, 2025 1.00 pm on November 11, 2025