Issue - meetings
Council Financial Outturn and Rollover Report 2024/2025, incorporating General Fund Revenue, Housing Revenue Account, Capital and Treasury Management (Reference from Cabinet)
Meeting: 16/07/2025 - Council (Item 30)
PDF 6 MBTo consider the 2024/2025 Financial Outturn and Rollover Report.
Contact: James Anderson, Head of Accountancy
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.
Minutes:
It was moved by Councillor Turner, seconded by Councillor Pattison
and
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.