Purpose

Quarterly update on spend against the revenue
budget.

Decision

Note:
 
1)     
the financial position for quarter 1 of 2024/25 and the forecast
underspend of £0.09M for the financial year as set out in
section 2 of the report;

 
2)     
the budget virements amounting to £0.70M were processed
during quarter 1, as summarised in section 4 of the report;

 
3)     
the 2024/25 savings and investment in services position detailed in
section 6 of the report; and
 
4)     
the risks associated with the revenue forecasts are detailed in
section 9 of the report.