Content

RESOLVED that -
 

(a)    
the high-level Financial Outturn Position, as set
out in this report (A.5), and the favourable General Fund Revenue
variance of £5.417m for the year, which is currently held
within the Revenue Commitments Reserve be noted;

 

(b)    
the use of the General Fund Outturn for the Year of
£5.417m, as set out in Appendix A (Section 1), be
approved;

 

(c)    
in respect of the additional £1.000m set aside
to support the delivery of savings / efficiency plans and wider
corporate priorities, the Chief Executive, in consultation with the
Portfolio Holder for Corporate Finance and Governance, be
authorised to utilise this funding during the year;

 

(d)    
in respect of the additional £1.000m set aside
for Coast Protection Works, this be added to the remaining budget
of £0.970m associated with earlier decisions, and that the
Corporate Director (Operations and Delivery), in consultation with
the Portfolio Holder for the Environment & ICT, be authorised
to utilise this funding during the year;

 

(e)    
the budget adjustments for 2025/26, as set out in
Appendix A (Sections 2 and 3), be approved;

 

(f)      
the Council’s Section 151 Officer, in
consultation with the Corporate Finance and Governance Portfolio
Holder, be authorised to adjust the outturn position for 2024/25
along with any corresponding adjustment to earmarked reserves as a
direct result of any recommendations made by the Council’s
External Auditor during the course of their audit activities
relating to the Council’s 2024/25 accounts; and

 

(g)    
Officers, in consultation with the Portfolio Holder
for Housing and Planning, be requested to continue to explore
opportunities to support the Council in addressing the increasing
financial challenge associated with the demand for homelessness /
temporary accommodation, and to present reports to future meetings
of Cabinet, including the potential options associated with the
possible levying of charges, balanced against various issues such
as the circumstances of those seeking support.