Decision Maker:

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Date of Decision: December 17, 2024

Purpose:

Content: ·       Cabinet noted the progress made in implementing the One Hounslow Financial Strategy and the remaining steps to deliver the setting of a balanced revenue budget for 2025/26; ·       Cabinet noted the in-year General Fund financial position and the potential use of reserves to balance the 2024/25 outturn forecast; ·       Cabinet noted the savings identified to date that will contribute to reducing the budget gap identified that would be subject to scrutiny at Overview and Scrutiny Committee in January 2025 (Appendix C of the submitted report).