BUDGET MONITORING Period 4 2025/26
September 8, 2025 Cabinet (Cabinet collective) Approved View on council websiteThis 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
... approval is requested from Full Council to decrease the 2025/26 capital budget for the Mundesley Coastal Defence scheme to £1,139,806 and increase the 2025/26 capital budget for the Cromer Coastal Defences scheme to £1,096,067, reflecting a £250k apportionment of external contributions between the two schemes, and the contents of the Q1 Treasury Management update report were noted.
Full council record
Decision
Decision
RESOLVED
To recommend the
following to Full Council:
a) Approval is requested from Full
Council to decrease the 2025/26 capital budget for the Mundesley
Coastal Defence scheme to £1,139,806 to reflect the
apportionment of £250k from external contributions to the
Cromer Scheme.
b)
Approval is requested from Full Council to
increase the 2025/26 capital budget for the Cromer Coastal Defences
scheme to £1,096,067 to reflect the apportionment of
£250k from external contributions from the Mundesley
Scheme.
c) Note the
contents of the Q1 Treasury Management update report, appendix
F.
Reason for the decision:
To update members on the current budget
monitoring position for the Council.
Related Meeting
Cabinet - Monday, 8th September, 2025 10.00 am on September 8, 2025
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 8 Sep 2025 |