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(a)      Note the cash position
that has been achieved for the General Fund and HRA to the end of
Quarter 2 as detailed in Appendix 1;
(b)      Note the Common Good
financial performance to the end of Quarter 2 as detailed in
Appendix 3;
(c)      Note that the General Fund
full year forecast position remains on track to achieve a full year
outturn of ‘on budget’ although there are a range of
financial risks that exist for the financial year. Continuing
action and controls, as outlined in Appendix 2 will remain in place
for the remainder of the financial year;
(d)      Note that the Council
maintains financial resilience with the resources available on the
Council Balance Sheet, the General Fund Reserves in particular. As
at 31 March 2025 the uncommitted value of those reserves was
£12m, the minimum that the Council Reserves Statement
recommends and as approved by the Council;
(e)      Approve, as per the exempt
Appendix 5, the extension of a bank guarantee of £125,000 to
Transition Extreme Sports Limited until 31 March 2028. Note, the
expectation is that plans beyond April 2028 will enable the removal
of this guarantee;
(f)       Note that the HRA
full year forecast position, as detailed in Appendix 2, is
‘on budget’, but continues to face challenging cost
pressures as outlined in Appendix 2 and the HRA Budget Report
2025/26;
(g)      Note that capital
expenditure continues to be low at the end of Quarter 2, however
forecasts are that additional expenditure and progress will be
recognised in the second half of the year. AND
(1)      Note the £1
Off-Street Evening Parking Fees Report (CR&E/25/129), and
agrees to introduce a trial £1 evening off-street parking
initiative, to operate between 5pm and 8am, seven days a week,
between Monday 5th January 2026 and Saturday 28th February 2026,
and instructs the Chief Officer – Operations to implement
such an initiative; and instructs the Chief Officer – Finance
to update expected parking income for this period when reporting
Quarter 3 Financial Performance; 
(2)      Instructs the Chief
Officer – Operations to introduce a “fly tipping hit
squads” trial from January to March 2026 to feed into the
budget process, following consultation with the Convener –
Finance and Resources Committee and Convener – Net Zero,
Environment and Transport Committee, to address rising issues with
fly tipping in communities in Aberdeen; 
(3)      Agrees that £10k
funding for (1) and £62.5k funding for (2) can and shall be
made available from within the combined City Wardens and Parking
revenue budgets as a result of improvements in income levels
generated through the Investment in Parking Infrastructure capital
project; and
(4)      To instruct the Chief
Officer - Finance as part of the budget process to provide a
timeline to Councillors for delivering a review of the long-term
assets and investments held by the Common Good.