Purpose

This report estimates the Council’s year
end position based on information on Quarter 1.

Decision

RESOLVED:
 
A. To note the
arrangements being put into place to secure tighter control over
all aspects of spending, as set out in this report
 
B. To note that the
Quarter 1 position (as at the end of June) forecasts indicative
savings delivery of £34.154m (57%)
 
C. To direct the Chief
Executive to instruct all Officers to urgently take the necessary
actions to improve the Quarter 1 forecast of a projected spend over
budget of £33.544m (30th June 2025), by year end,
predominantly focussing on remaining savings or mitigating actions
to be delivered in 2025/26.
 
D. To consider the impact
of the projected forecast on the General Fund Balance and note the
risk of further service pressures (requiring additional savings) in
the future financial years if financial performance in the current
year is not significantly improved.
 
E. To consider the
updated summary position as set out in the Period 4 Monitoring
Report also on this agenda.