Purpose

Budget monitoring at quarter two

Content

RESOLVED that Cabinet:
-

(a)          
Note the budget monitoring position for quarter two
2024/25.

(b)          
Request Corporate Directors to implement mitigation
strategies to reduce their budget pressures alongside tightening
their implementation of the expenditure controls in
place. 
Voting:
Unanimous
Portfolio Holder:
Finance
Reason
To comply with
accounting codes of practice and best practice which requires
councils to regularly monitor the annual budget position and take
any action to support the sustainability of the council’s
financial position.