Decision details
Financial Performance Report 2024-25 Quarter One
Decision Maker: Executive
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Decisions:
Councillor Alaric Smith, Executive Member for Finance, introduced the report, which detailed the Council’s financial performance for Quarter One 2024-2025.
In debate, the Executive highlighted the progress that had been made in relation to financial performance by the Executive administration since taking office in 2022. The Executive highlighted that they had taken a more robust approach to public finances and the protection of the Council’s assets.
Councillor Alaric Smith proposed that the Executive agree the recommendations as listed on the original report. This was seconded by Councillor Andy Graham, was put to a vote, and was unanimously agreed by the Executive.
The Executive Resolved to:
- Note the Council’s Financial Performance for Quarter One 2024-2025;
- Recommend to Council that an additional £750,000 should be included in the revised Capital Budget for 2024/25, as set out in 2.25 in the report.
Report author: Madhu Richards
Publication date: 16/09/2024
Date of decision: 11/09/2024
Decided at meeting: 11/09/2024 - Executive
Effective from: 22/09/2024
Accompanying Documents:
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