Decision

BCA/25/3 GENERAL FUND FINANCIAL MONITORING 2024/25 Q4 OUTTURN

Decision Maker: Mid Suffolk Cabinet, Babergh Cabinet

Outcome:

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: June 10, 2025

Purpose: To note the financial monitoring report

Content: It was RESOLVED: -   1.1         That the General fund 2024/25 deficit of £1m be noted.   1.2         To fund the deficit for the financial year of £1m from the Financial Resilience Reserve.   1.3         That the carry forward in the Capital Programme of £3.5m be approved   REASON FOR DECISION To ensure that Members were kept informed of the financial position for both General Fund Revenue and Capital and to approve earmarked reserve transfer.   Alternative Options Considered and Rejected: There were no other available options.   Any Declarations of Interests Declared: None Any Dispensation Granted: None    

Related Meeting

Babergh Cabinet - Tuesday, 10th June, 2025 4.00 pm on June 10, 2025