Decision details

To seek approval for the final monitoring report of the 2024/25 cycle.

To approve:

•         the transfers between departmental budgets and reserves requested in Appendix B of the report, and to transfer the total underspend to the budget reserve.

•         the changes to earmarked reserves proposed as outlined in the report

•         the budget reductions detailed in the report; and delegate authority to the Director of Finance to determine the specific budget ceilings affected.

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.

N/A