Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
An update on the Council's financial position
for 2024/25
To agree the £1.85M adjustments to be made to directorate budgets to reflect sustained favourable variances reported at month 7 of 2024/25 due to transformation measures, to be transferred to centrally held contingency to reduce the reliance on Exceptional Financial Support (EFS), as set out in paragraph 6.
To ensure that Cabinet fulfils its responsibilities for the overall financial management of the Council’s resources.
Not applicable.
Report author: Madeleine Modha
Publication date: 26/11/2024
Date of decision: 26/11/2024
Decided at meeting: 26/11/2024 - Cabinet
Effective from: 05/12/2024
Accompanying Documents: