Content

1.   
Noted the General Fund Forecast Outturn for 2024/25 (as at 30
September 2024).
2.   
Noted that in accordance with approved policy as described in
Section 6 any actual overspend at year end will in the first
instance be deducted from any Portfolio Reserve balance and once
depleted then be deducted from the 2025/26 Cash Limit.
3.   
Agreed that Directors, in consultation with the appropriate Cabinet
Member, consider options that seek to minimise any forecast
overspending presently being reported and prepare strategies
outlining how any consequent reduction to the 2025/26 Portfolio
cash limit will be managed to avoid further overspending during
2025/26.