Decision details

Finance Monitoring Report May 2025

Decision Maker: Executive

Decision status: Recommendations approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To update Executive on the forecast year-end financial positions as at the end of May 2025

Decision:

Resolved

 

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

 

(2)            That the Use of Reserve and Grant Funding Requests (Appendix 4 to the report) be approved.

 

(3)            That the proposed write offs (exempt Appendix 5) be approved.

 

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

Corporate Priorities : Economic prosperity;

Reason No Public Access: There may be exempt appendices by virtue of paragraph 3 of Schedule 12A of local Government Act 197

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, Leanne Lock, Strategic Business Partner - Business Partnering & Controls Email: leanne.lock@cherwell-dc.gov.uk Tel: 01295 221558.

Report author: Michael Furness

Publication date: 02/07/2025

Date of decision: 01/07/2025

Decided at meeting: 01/07/2025 - Executive

Effective from: 09/07/2025

Accompanying Documents: