Issue - meetings

Financial Position Update - March

Meeting: 25/03/2025 - Cabinet (Item 78)

78 Financial Position Update - March pdf icon PDF 325 KB

To consider the report of the Cabinet Member for Finance and Corporate Services detailing an update on the Council's financial position for 2024/25.

Additional documents:

Minutes:

Decision made: (CAB 24/25 47843)

 

On consideration of the report of the Cabinet Member for Finance and Corporate Services, Cabinet agreed the £0.10M adjustments to be made to directorate budgets to reflect sustained favourable variances reported at month 11 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 of the report.