Purpose

To inform Cabinet of the income
and expenditure (know as “Outturn”) for the Council for
2024/25 and reasons for variations.

Content

AGREED that:
 

(i)           
The Outturn for the Council’s General Fund
services in 2024/25, as detailed at Appendix A and Section 2 of
this report be noted and that Members note the transfer of the
surplus to the Budget Equalisation Reserve’

(ii)         
The reasons for the variations from revised estimate
be noted;

(iii)        
The current position on the Cambridgeshire Horizons
Reserve, as detailed in Section 3 of this report be noted;

(iv)        
The proposed Capital Funding schedule for 2024/25 at
Appendix B(i) be approved.