Decision Maker:

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: Yes

Date of Decision: November 14, 2024

Purpose:

Content: RESOLVED   KEY DECISION   That the Executive:   a)      Noted the Council’s forecast outturn position for 2024/25 for the following:   i)      General Fund as summarised in Section 4, alongside the further analysis, risks and other considerations as set out in Section 5 of the report.   ii)      Housing Revenue Account (HRA) as set out in Section 6 of the report   iii)     Dedicated Schools Grant (DSG) as set out in Section 7 of the report.   b)      Noted the release of £207k of the contingency budget to fund the recruitment of permanent staff into Education Support Services for Education Psychology Services (£141k) and Education Health and Care Services (£66k).   c)      Noted the assessment of the current deliverability of the 2024/25 General Fund savings proposals as set out in Appendix A.     Reason for Recommendations – to note the forecast financial position for 2024/25 as at Period 3 and consider the impact on this year and future years budgets.   Alternative Options Considered: The report focuses on the forecast revenue outturn against budget for 2024/25 and makes recommendations for the Executive to note the current budgetary position as such there are no specific choices within the report.