Purpose

The report will set out a summary of the
Council’s actual revenue and capital spending for the quarter
to June 2025 together with the main variations from the approved
spending levels and impact on future budgets

Content

RESOLVED

That the Cabinet:

a)               
notes the projected outturn for the financial year
2025/26 as summarised in report
FIN/703.

b)               
approves a capital virement of £646k from the
Towns Fund monies to Crawley Innovation Centre as set out within
section 8.2 of report
FIN/703.

c)               
approves an increase in the Unsupervised Play
Investment Programme budget to include the play schemes included
within the table above funded from £68k S106 monies and
£421k CIL monies as set out in within section 8.3 of
report
FIN/703.

d)               
approves a supplementary estimate of £79k for
phase two of the Housing Management Project as set out within
section 8.4 of report
FIN/703.

Reasons for the
Recommendations

To report to Members on the projected outturn
for the financial year compared to the approved budget.