Decision details

Decisions consequential to the monitoring of expenditure in 2024/25.

To:

•         Reduce the adult social care budget by £17.1m as described in section 12.10; and use the resulting saving to reduce the requirement for managed reserves in 2024/25; and delegate authority to the Director of Finance to determine the specific budget ceilings affected.

•         Reduce the demographic pressures contingency by £6m (see para. 15.2)

•         Transfer one-off resources to Managed Reserves as described in paragraph 15.6.

The City Mayor and Overview Select Committee receive a report on the forecast revenue budget position regularly throughout the year, as well as this outturn report at the end of the year. These decisions are consequential to the monitoring exercise.

Not Applicable