Issue - meetings

Report of Assistant Director Finance (Section 151 Officer)

Purpose of report

To report to the committee the council’s forecast financial position as at the end of the October 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 October 2024.

1.2           To approve the movements in reserves requested (Appendix 5).

1.3           To approve the reprofiling of capital projects beyond 2024/25 (section 4.2.3 and Appendix 1) and the subsequent update to the programme budget for this financial year 2024/25.

1.4           To approve the reduction in capital budget for S106 Development of Activity Play Zones from £0.600m to £0.142m to reflect the actual cost to the Council. The remaining £0.458m is to be met by the Football Foundation.