Issue - meetings

General Fund Revenue and Capital Budget Monitoring Report 2024-25 - Quarter 1

 

 

Meeting: 11/09/2024 - Cabinet (Item 26)

26 GENERAL FUND REVENUE AND CAPITAL BUDGET MONITORING REPORT 2024-25 - QUARTER 1 pdf icon PDF 419 KB

A report providing financial progress information on the General Fund and Special Expenses for period 1 April to 30 June 2024.

Additional documents:

Decision:

Cabinet NOTED the year-end forecast and financial position for the General Fund and Special Expenses at 30 June 2024 for both revenue and capital.

 

Minutes:

The Portfolio Holder for Corporate Finance, Property and Resources, Councillor Cox, introduced the report and moved the recommendation. It was noted during her introduction that planning income was falling.

 

Councillor Cumbers seconded the motion.

 

Members had no comments to add.

 

RESOLVED

 

Cabinet NOTED the year-end forecast and financial position for the General Fund and Special Expenses at 30 June 2024 for both revenue and capital.

 

(Non-key decision)

 

Reason for recommendation

The Council, having set an agreed budget at the start of the financial year, needs to ensure that the delivery of this budget is achieved. Consequently, there is a requirement to regularly monitor progress so that corrective action can be taken when required, which is enhanced with the regular reporting of the financial position.