Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Date of Decision: July 21, 2025

Purpose: To inform Cabinet of the income and expenditure (know as “Outturn”) for the Council for 2024/25 and reasons for variations.

Content: AGREED that:   (i)            The Outturn for the Council’s General Fund services in 2024/25, as detailed at Appendix A and Section 2 of this report be noted and that Members note the transfer of the surplus to the Budget Equalisation Reserve’ (ii)          The reasons for the variations from revised estimate be noted; (iii)         The current position on the Cambridgeshire Horizons Reserve, as detailed in Section 3 of this report be noted; (iv)         The proposed Capital Funding schedule for 2024/25 at Appendix B(i) be approved.