Decision details

Council Financial Outturn and Rollover Report 2024/2025, incorporating General Fund Revenue, Housing Revenue Account, Capital and Treasury Management (Reference from Cabinet)

Decision Maker: Council

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

RESOLVED –

 

1)    That Council notes the 2024/25 financial outturn position for General Fund Revenue, Housing Revenue Account (HRA) and Capital Plan, including proposals for capital rollover from 2024/25 to 2025/26.

 

2)    That Council approves the creation of the Strategic Budget Contingency reserve with a balance of £3.5m at 31/3/25; funded from the Voluntary Revenue Provision Reserve.

 

3)    That Council approves £13.7m capital slippage from 2024/25 to 2025/26 and the removal of £0.4m uncommitted rollover from the Capital Plan.

 

4)    That Council notes the annual review of Council Treasury Management activity.

 

Publication date: 18/07/2025

Date of decision: 16/07/2025

Decided at meeting: 16/07/2025 - Council

Accompanying Documents: