Decision

RESOLVED:

3.1. To note that the position set out in the report reflects the
best information available after the first 4 weeks of the year and
hence considerable uncertainty in these early estimates.

3.2. To note that at the end of Period 1 (30th April 2024), the
indicative level of savings delivery is £24.974m (42%),
resulting in a projected spend over budget of £13.884m for
2025/26.

3.3. To note the control corridor that the Council will be working
to for 2025/26 is as follows: Adverse £39.700m overspend
Central £13.884m overspend Favourable £1.422m
overspend
 
3.4. To note the projected General Fund
Balance of £0.393m for 31 March 2026 if the projected spend
over budget is realised