Decision Maker: Executive

Outcome: For Determination

Is Key Decision?: No

Is Callable In?: No

Date of Decision: September 18, 2024

Purpose:

Content: That   1.  The latest financial position be considered;   2.  It be noted that a projected net overspend on services of £18,093k is forecast based on information as at June 2024.   3.  The comments from Chief Officers detailed in Appendix 2 be considered.   4.  The carry forwards being requested for drawdown as set out in paragraph 3.3 of the report be noted.   5.  A projected reduction to the General Fund balance of £16,531k as detailed in section 3.4 of the report be noted.   6.  The full year cost pressures of £22.826m as detailed in section 3.5 of the report be noted.   7.  The release of funding from the 2024/25 central contingency as detailed in paragraphs 3.2.2 to 3.2.6 of the report be agreed.   8.  The transfer of £125k from the Technology Fund reserve as detailed in paragraph 3.9 of the report be agreed.   9.  Any issues that should be referred to individual Portfolio Holders for further action be identified.