Purpose

To
note the financial monitoring report

Content

It was
RESOLVED: -
 
1.1         
That Cabinet approved the transfer of the surplus
in the financial year of £5.7m to the Mid Suffolk Plan
Implementation Reserve.

 
1.2         
That Cabinet approved the transfer of the
£20m dividend from Gateway 14 to the Mid Suffolk Plan
Implementation Reserve

 
1.3         
That Cabinet approved the carry forward of
£4.6m from 2024/25 capital programme to the 2025/26
programme.
 
REASON FOR
DECISION
 
To ensure
that Members were kept informed of the financial position for both
General Fund Revenue and Capital and to approve earmarked reserve
transfers.
 
Alternative
Options Considered and Rejected:
The
recommended option is set out in the Recommendations. There were no
other available options.
 
Any Declarations of Interests Declared: None
Any Dispensation Granted: None