Decision Details

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Details

Status:
Implemented
Title:
Quarter 3 Financial Monitoring Report – General Fund budget, Housing Revenue Account budget, Dedicated Schools Grant budget and the Capital Programme
Include item on Forward Plan
Yes
Is Key Decision
No
Item Contains Exempt/Private Reports
No
Reference:
013878/2025
Urgent Decision - Not in Forward Plan
No
Details for Agenda Sheet
Report of the Interim Director for Finance and Section 151 Officer.
Implementation Date (not before meeting on)
Tue 18 Mar 2025
Purpose
Key Portfolio
Finance
Decision Maker
Chief Officer Decision Maker
------ N/A ------
Reason For Key Decision
Relevant Documents
Decision Type:
Committee
Decision Maker:
Cabinet
Directorate
Other Information
Private Reason
Decision Outcome

On 18 March 2025 Cabinet:-

(i)         Noted the Quarter 3 position, as summarised in paragraph 1.2, and detailed in the report;

(ii)       Noted the use of £4.9m of Specific Contingency budget to fund extra costs of the 2024/25 Pay Award, approved by the Section 151 Officer under delegated authority, as set out in Appendix 1I and in Appendix 4; and the use of £12.5m of Specific Contingency budget to cover non-achievement of highways savings, as set out in the same appendices;

(iii)      Approved that outstanding individual debts of more than £25k relating to Irrecoverable Council Tax, Business Rates, and Sundry Debts are written off. These require Cabinet approval as per the Council’s constitution. Details of these debts are included in Section 12 and Appendix 2 to the report; and

(iv)      Approved the budget virements undertaken in Quarter 3 of the 2024/25 financial year, to ensure budgets are sitting within the correct cost centres, as described in Section 13 and Appendix 4 to the report.

THE DEADLINE FOR CALL IN IS 1600 HOURS ON MONDAY 24 MARCH 2025.

Would the recommended decision be contrary to the budget and policy framework:
No
Decision Options:

Additional Information

Reg 10
Reg 11

Decision Criteria

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Wards

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Topics

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Overview and Scrutiny

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Decision History

Date & Time CreatedUser Full NameStatus DescriptionDetails
1
 Page 1 of 1, items 1 to 9 of 9.
28/01/2025 11:09:18Nadeem AfzalBusiness Item Created 
28/01/2025 11:09:18Nadeem AfzalCommittee AddedCabinet
28/01/2025 11:09:18Nadeem AfzalMeeting Added18/03/2025 10:00AM
28/01/2025 11:09:47Nadeem AfzalStatus ChangedDecision Proposed [2]
28/01/2025 11:11:05Nadeem AfzalContacts Edited 
10/03/2025 17:33:50Bethany LeeReport AddedDocument ID 281166: Cabinet Report FINAL_Corporate_Budget_Monitoring Q 03 V0.3
10/03/2025 18:14:08Mandeep MarwahaGeneral Details Edited 
19/03/2025 14:05:54Michelle EdwardsGeneral Details Edited 
24/03/2025 16:48:09Mandeep MarwahaStatus ChangedImplemented [7]

Approval/Comments

No history found.