BUDGET MONITORING 2024/25 PERIOD 4

September 16, 2024 Executive (Other) Awaiting outcome View on council website
Full council record

Decision

(1)    That the Executive notes:

a)      the report and the estimated revenue outturn position showing a budget overspend of £4.21m, an adverse movement of £1.97m from Period 2.

b)   the update on the three-year Capital Programme as detailed in Section 6 and Annex 3.

c)   the reallocation of resources to deal with issues identified at Stretford Library (Annex 3)

d)   the use of reserves to supplement capital works at Covershaw Lane (Annex 3)

e)   the management actions and mitigating actions as detailed in Paragraph 2 of Part 2 in the delivery of a balanced budget and effective financial management.

(2)    That the increase in grant level for Homeowner grants (Annex 3), be approved.

Related Meeting

Executive - Monday, 16th September, 2024 6.30 pm on September 16, 2024

Supporting Documents

Agenda Item 6 - Budget Monitor Report 24 25 P4 v2.3.pdf

Details

OutcomeFor Determination
Decision date16 Sep 2024
Effective from25 Sep 2024
Subject to call-inYes