Issue - decisions
Financial Performance Report 2024-25 Quarter One
16/09/2024 - Financial Performance Report 2024-25 Quarter One
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.