Issue - meetings

The Portfolio Holder for Corporate Finance, Property and Resources to submit a report advising Members of the year end forecast and financial position for the General Fund and Special Expenses at 30 September 2024 for both revenue and capital.

Cabinet

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

The Portfolio Holder for Corporate Finance, Property and Resources, Councillor Cox, introduced the report. Councillor Allnatt moved the recommendations and Councillor Glancy seconded the motion.

During the debate the following comments were made:

·       It was recognised that the cost of providing weekly food waste collections is something other Leicestershire Authorities are also struggling with. In addition, Members acknowledged that there is not just an issue in terms of funding but also the practicality of delivering the service.

RESOLVED

Cabinet NOTED the year-end forecast and financial position for the General Fund and Special Expenses at 30 September 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.