Financial Monitoring Period 10
March 5, 2025 Cabinet (Cabinet collective) Key decision 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
...to note a projected £34.767m overspend and £46.642m savings delivery for 2024/25, resulting in a potential General Fund Balance of £4.054m if no further action is taken.
Full council record
Decision
RESOLVED:
1.
To note that the Period 10 position (as at the end of January)
forecasts a projected spend above budget of £34.767m for
2024/25 and indicative savings delivery of £46.642m
(51.8%).
2.
To note the projected General Fund Balance of £4.054m arising
if no further action were taken.
Related Meeting
Cabinet - Wednesday, 5th March, 2025 2.00 pm on March 5, 2025
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 5 Mar 2025 |
| Subject to call-in | Yes |