Decision details

46.1

The Committee received a report from the Director of Finance and Commercial Services which provided an update on the Q2 outturn position for Sheffield City Council’s revenue budget for 2024/25.

46.2

RESOLVED UNANIMOUSLY: That the Economic Development and Skills Policy Committee:

1.    Note the updated information on the 2024/25 Revenue Budget Outturn as described in this report including the detailed committee budget monitoring information and management actions provided

46.3

Reasons for Decision

46.3.1

To formally record changes to the Revenue Budget

46.4

Alternatives Considered and Rejected

46.4.1

The Council is required to both set a balance budget and to ensure that in-year income and expenditure are balanced. No other alternatives were considered.