Revenue Budget Monitoring Outturn 2024/25

July 15, 2025 City Mayor (Individual Decision) (Cabinet member) Approved View on council website

This summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.

Summary

...the final monitoring report of the 2024/25 revenue budget cycle was approved, including transfers between departmental budgets and reserves, changes to earmarked reserves, and budget reductions, with authority delegated to the Director of Finance to determine specific budget ceilings.

Full council record

Purpose

To seek approval for the final monitoring
report of the 2024/25 cycle.

Decision

To approve:

•         the
transfers between departmental budgets and reserves requested in
Appendix B of the report, and to transfer the total underspend to
the budget reserve.
•         the
changes to earmarked reserves proposed as outlined in the
report

•         the
budget reductions detailed in the report; and delegate authority to
the Director of Finance to determine the specific budget ceilings
affected.

Supporting Documents

Decision Notice - Revenue Outturn 2024-25.pdf
Decision Report - Revenue Outturn 2024-25.pdf

Details

OutcomeRecommendations Approved
Decision date15 Jul 2025
Subject to call-inYes