Revenue Monitoring Provisional Outturn 2024-25

June 24, 2025 Cabinet (Cabinet collective) Approved View on council website
Content

RESOLVED: Cabinet; a)    Noted the provisional outturn position for 2024-25 b)    Noted the deliverability assessment of the Council’s savings requirement for 2024-25 summarised in section 8 and detailed in Appendix B c)     Noted the 2024-25 general fund reserve creation and carry forward requests in Appendix C d)    Noted the Treasury Management Update in Appendix D e)    Noted 2024-25 reserve balances in Section 10 f)      Noted the 2024-25 HRA carry forward requests detailed in Section 7 g)    Noted additions to the flexible use of capital receipts strategy detailed in Section 9 h)    Recommended Full Council approves a £1.473m General Fund Capital budget for additional capitalisation identified in 2024-25 i)       Delegated authority to the Executive Director, Resources in consultation with the portfolio holder for finance to apply any budget virements required to effectively manage the overall budget.   REASONS RESOLVED: To update members on the financial position of the Council and ensure that the Authority complies with its financial regulations.   ALTERNATIVE OPTIONS: None

Why this matters: mentions financial figures

Related Meeting

Cabinet - Tuesday 24th June 2025 6.00 pm on June 24, 2025

Supporting Documents

Appendix D - WNC Treasury Management Annual Report 24-25 final.pdf
Revenue Monitoring Report - Provisional Outturn 2024-25.pdf
Appendix A - 2024-25 Revenue Forecast Provisional Outturn.pdf
Appendix B - Budget Savings Tracker 2024-25 - Provisional Outturn.pdf
Appendix C - carry forwards and new reserve creations.pdf

Details

OutcomeRecommendations Approved
Decision date24 Jun 2025