Decision details

RESOLVED: That Cabinet

(1)   Noted this report.

(2)   Approved a decrease of £817k in the 2024/25 net General Fund expenditure, as identified in section 8, to a total of £17.932million.

(3)   Approved the changes to the 2025/26 General Fund budget, as identified in table 4 and paragraph 8.3, a total £202k increase in net expenditure.

RECOMMENDED TO COUNCIL: That Council approves the net transfer to earmarked reserves, as identified in table 9, of £1.006million.

REASONS FOR RECOMMENDATION:

(1)   Members are able to monitor, make adjustments within the overall budgetary framework and request appropriate action of Services who do not meet the budget targets set as part of the Corporate Business Planning process.

(2)   Changes to the Council’s balances are monitored and approved.