Purpose

This report provides an update to Cabinet on
the county council's 2024/25 revenue and capital financial
position, as at the end of Quarter 3.
 
The forecast outturn position is an overspend
of £12.737m which is a reduction of £4.338m from the
position predicted at Quarter 2 following further mitigating
actions. Actions are continuing throughout Quarter 4 to try to
further improve the position.
 
The forecast outturn for capital delivery
programme for 2024/25 is £200.697m which is an underspend of
£2.542m (1.25%) on the planned programme.

Content

The Cabinet approved the recommendation(s) as
set out in the report.