Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: Yes

Date of Decision: January 28, 2025

Purpose: To consider the December 2024 (Quarter 3) Financial Management Report 2024/25.  

Content: (a)  That the Senior Leadership Team’s forecast of the full year’s outturn for the Council, made at the end of December 2024 including progress of the transformational and efficiency savings incorporated into the budget, be noted.   (b)  That the capital programme for 2024/25, be noted.   (c)  That the allocation of £7m from reserves to support the repairs and maintenance compliance work of the council’s property portfolio be approved. Reason for the decision   The Council provided a mix of statutory and discretionary services to communities across Dorset and was legally required to set a balanced budget every year, and so must deliver services within the resources made available through the revenue and capital budgets for 2024/25.  The report summarised the Council’s forecast financial performance for the 2024/25 year as at the end of December 2024.