Decision details
Finance Monitoring Report November 2024
Decision Maker: Executive
Decision status: For Determination
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 contents of the council’s financial management report as at the end of November 2024 be noted.
(2) That the reprofiling of capital projects beyond 2024/25 (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 virement of £1.031m from Policy Contingency to services for the Cost of Living award for 2024/25 as agreed in November be approved.
(4) That the allocation of £0.500m Policy Contingency to cover the cost of appeals be approved.
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: 07/01/2025
Date of decision: 06/01/2025
Decided at meeting: 06/01/2025 - Executive
Effective from: 14/01/2025
Accompanying Documents:
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