Agenda item

Budget Monitoring, Quarter 1 2024/25

Report of Director of Finance and Commercial Services

Decision:

10.1

The Director of Finance & Commercial Services submitted a report bringing the Committee up to date with the Council’s revenue outturn position for 2024/25.

 

 

10.2

RESOLVED UNANIMOUSLY: That Strategy and Resources Policy Committee notes 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.

 

 

10.3

Reasons for Decision

 

 

10.3.1

To record formally changes to the Revenue Budget.

 

 

10.4

Alternatives Considered and Rejected

 

 

10.4.1

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.

 

Minutes:

10.1

The Director of Finance & Commercial Services submitted a report bringing the Committee up to date with the Council’s revenue outturn position for 2024/25.

 

 

10.2

RESOLVED UNANIMOUSLY: That Strategy and Resources Policy Committee notes 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.

 

 

10.3

Reasons for Decision

 

 

10.3.1

To record formally changes to the Revenue Budget.

 

 

10.4

Alternatives Considered and Rejected

 

 

10.4.1

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.

 

Supporting documents: