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Councillor Liz Leyshon proposed
the recommendations which were seconded by Councillor Bill
Revans.
 
Having been duly proposed
and seconded, the Council RESOLVED to:
a)   
Consider and note the assurance provided by the
Section 151 Officer in respect of the robustness of the 2024/25
budget proposals.
b)   
Consider and note the assurance provided by the
Section 151 Officer on the adequacy of reserves for
2024/25.
c)    
Approve that the Level of General Reserves were
maintained within the range £30m (5% of net budget) to
£60m (10% of net budget).
d)   
Note the Section 151 Officers significant concerns
over the 2025/26 financial year and the ability to balance the
budget.
e)   
Note that the Section 151 would provide members with
regular updates concerning the council's finances and the risks of
a Section 114 notice.