Decision details
Revenue & Capital Budget Monitoring, Cash Limits and Virements – April to December 2024
Decision Maker: Cabinet
Decision status: Approved
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
The report presents the financial monitoring
information for the Authority as a whole for the financial year
2024/25, using information available as at the end of December
2024.
Decision:
(1) To note the 2024/25 revenue budget position (as at the end of December 2024).
(2) To note the revenue virements listed in Appendix 3(i) of the report.
(3) To note the capital year-end forecast detailed in paragraph 3.33 of the report.
(4) To note the changes in the capital programme including capital schemes that have been agreed for full approval under delegation listed in Appendix 4(i) of the report.
Reasons for the decision:
The Budget Management Scheme requires that the Cabinet consider the revenue and capital monitoring position four times per year.
Alternative options considered:
None.
Report author: Gary Adams
Publication date: 14/02/2025
Date of decision: 13/02/2025
Decided at meeting: 13/02/2025 - Cabinet
Effective from: 22/02/2025
Accompanying Documents:
- E3598 Decision - Revenue and Capital Budget Monitoring, Cash Limits and Virements - April to December 2024
PDF 55 KB - E3578 - Revenue and Capital Budget Monitoring, Cash Limits and Virements - April to December 2024
PDF 220 KB
- E3578 - Appendix 1 - Revenue Monitoring Commentary
PDF 62 KB
- E3578 - Appendix 2 - Key Scheme Capital Monitoring Commentary
PDF 125 KB
- E3578 - Appendix 3(i) - Proposed Revenue Virements
PDF 204 KB
- E3578 - Appendix 3(ii) - Revised Revenue Cash Limits
PDF 208 KB
- E3578 - Appendix 4(i) - Capital Virements
PDF 38 KB
- E3578 - Appendix 4(ii) - Capital Programme by Portfolio
PDF 91 KB
- E3578 - Appendix 5 - Revenue Savings Monitor
PDF 154 KB