Issue - meetings

Report of Assistant Director Finance (Section 151 Officer)

Purpose of report

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

1.2         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.

1.3         To approve to virement of £1.031m from Policy Contingency to services for the Cost of Living award for 2024/25 as agreed in November.

1.4         To approve the allocation of £0.500m Policy Contingency to cover the cost of appeals.