Content

9.1

The
Director of Finance and Commercial Services introduced the report
which brought the Committee up to date with the Council’s
outturn position for 2024/25 including General Fund revenue
position, Housing Revenue Account, and Capital Programme Monitoring
(Appendix 2 of the report). The report also provided an update of
the Council’s Treasury Management activity (Appendix 3 of the
report) and the Collection Fund Account (Appendix 4 of the
report).
 

9.2

RESOLVED UNANIMOUSLY: That the Finance and
Performance Policy Committee:-

Note
the updated information and management actions on the 2024/25
Revenue Budget Outturn as described in this report.
Note
the detailed committee budget monitoring information and management
actions provided in Appendix 1.
Note
the updated information and management actions provided by this
report on the Q1 2024/25 Capital Programme monitoring as described
in Appendix 2.
Note
the Treasury Management report for Q1 2024/25 as described in
Appendix 3.
Note
the Collection Fund monitoring position for Q1 2024/25 as described
in Appendix 4.

9.3

Reasons for Decision

9.3.1

To
record formally changes to the Revenue Budget.

9.4

Alternatives Considered and Rejected

9.4.1

The Council is required to both set a balance
budget and to ensure that in-year income and expenditure are
balanced. No other alternatives were considered.