Purpose

Budget Monitoring information for quarter
one.

Content

RESOLVED that Cabinet:
- 

(a)       
Note the budget monitoring position for quarter one
2024/25.
RECOMMENDED that Cabinet:
-

(b)       
Recommend to Council the revenue budget virement set
out in paragraph 5.
RESOLVED that Cabinet:
-

(c)       
Request a detailed report to October Cabinet from the
Corporate Director for Children’s Services on the High Needs
Dedicated Schools Grant expenditure forecast and available
mitigation measures in 2024/25. This report will need to seek
Council approval for any additional resources over the approved
budget.
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.
To
comply with the council’s financial regulation concerning
approval for budget virements.