Decision details
Financial Performance Report 2024-25 Quarter Three
Decision Maker: Cabinet
Decision status: Recommendations Approved (subject to call-in)
Is Key decision?: Yes
Is subject to call in?: Yes
Decision:
The purpose of the report was to update Cabinet on the third budget monitoring position for the 2024/25 financial year and to seek approval for the principle of the transfer of the improved surplus (£0.435m) to the Financial Resilience Reserves, as set out in Paragraph 4.7 of the report. Approval was also sought for the revised Capital Programme of £7.550m including additional expenditure of £0.238m on Disabled Facilities Grants following the allocation of additional Disabled Facilities Grant funding provided by Gloucestershire County Council.
Councillor Mick Evemy, Deputy Leader of the Council and Member for Finance and Transformation, introduced the item.
The recommendations were proposed by Councillor Mike Evemy and seconded by Councillor Joe Harris, Leader of the Council.
RESOLVED that Cabinet:
- Noted the financial position set out in the Q3 Financial performance report 2024/25.
- Approved the principle to transfer of the improved surplus (£0.435m) to the Financial Resilience Reserves, as set out in Paragraph 4.7 of the report.
- Approved the revised Capital Programme of £7.550m including additional expenditure of £0.238m on Disabled Facilities Grants following the allocation of additional Disabled Facilities Grant funding provided by Gloucestershire County Council.
Voting record: For 5, Against 0, Abstain 0.
Report author: Michelle Burge
Publication date: 04/04/2025
Date of decision: 03/04/2025
Decided at meeting: 03/04/2025 - Cabinet
Date comes into force if not called in: 11/04/2025
Call-in deadline date: 10/04/2025
Current call-in Count: 0
Accompanying Documents:
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