Issue - meetings

Report of Assistant Director of Finance  & Section 151 Officer,

Purpose of report

To update Executive on the council’s financial position at the end of the August 2024.

Recommendations

The Executive resolves:

1.1         To consider and note the contents of the council’s financial management report as at the end of August 2024 (Appendices 2-4).

1.2            To approve the use of reserve requests (Appendix 5).

1.3         To approve the reprofiling of capital projects beyond 2024/25 (Appendix 1) and the subsequent update to the programme budget for this financial year.

1.4         To approve the reprofiling of £0.393m from future years budget into the 2024/25 capital project for Castle Quay (cost centre 40144), please note this has been reflected throughout the report.

1.5         To note the use of £0.133m from the Digital Futures Programme capital budget (Cost Centre 40326) to progress work on the Robotic Process Automation Pilot.