Purpose

Budget monitoring

Content

RESOLVED that Cabinet:
-

(a)       
Noted the budget monitoring position for quarter three 2024/25;
and

(b)       
Agree the acceptance of capital grants for the general
fund detailed in Appendix C1 paragraph 2. 

RECOMMENDED that Cabinet recommends that Council: -

(c)       
Agrees the acceptance of capital grant for the HRA
detailed in Appendix D paragraph 20.
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
finances. Also, to comply with the council’s financial
regulations regarding acceptance of grants.