Decision details

Finance Monitoring Report January 2025

Decision Maker: Executive

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To provide a monthly budget monitoring report to Executive

Decision:

Resolved

 

(1)          That the council’s financial management report as at the end of January 2025 be noted.

 

(2)          That the reprofiling of capital projects beyond 2024/25 (set out in section 4.2.3 and Appendix 1 of the report) and the subsequent update to the programme budget for this financial year 2024/25 be approved.

 

(3)          That the Use of Reserve and Grant Funding Requests (set out in Appendix 5 to the report) be approved.

 

(4)          That the New Planning & Building Control fee proposal (set out in Appendix 6 to the report) be approved.

 

(5)          That it be agreed to remove capital project (40315) S106 – Longford Park Sport Pitches £0.010m from the programme as it is not required as capital expenditure and it be agreed for it to be transferred to revenue grant earmarked reserves to be used for ongoing maintenance.

 

Reason Key: Significant Expenditure or Savings and effect on communities in two or more wards;

Reason No Public Access: There may be exempt appendices by virtue of paragraph 3 of schedule 12A of Local Government Act 1972

Declarations: None

Subject to Urgent Proceedings: No

Contact: Michael Furness, Assistant Director Finance & S151 Officer Email: michael.furness@cherwell-dc.gov.uk Tel: 01295 221845.

Report author: Michael Furness

Publication date: 04/03/2025

Date of decision: 03/03/2025

Decided at meeting: 03/03/2025 - Executive

Effective from: 11/03/2025

Accompanying Documents: