Issue - meetings

This report provides details of the Council’s 2024/25 financial position, for revenue and capital budgets, as at 31st May 2024 (M2) and the expected outlook for the remainder of the financial year.   

(The decisions in this item can be called-in by the Resources and Performance Select Committee)

RESOLVED:

1.    That Cabinet notes the Council’s forecast revenue budget and capital budget positions for the year.

2.    That Cabinet notes the additional grant funding secured by Public Health and Communities & Prevention services in the Adults, Wellbeing & Health Partnerships Directorate as set out in paragraphs 6, which will be allocated to the AWHP Directorate to spend in line with the grant conditions.

3.    That Cabinet approves the re-phased capital budget of £313.4m for 2024/25.

Reasons for Decisions:

This report is to comply with the agreed policy of providing a monthly budget monitoring report to Cabinet for information and for approval of any necessary actions.

(The decisions on this item can be called in by the Resources and Performance Select Committee)