Decision details

Budget Monitoring Q1 2024-25 EXE24-042

Decision Maker: Executive

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

To receive a financial monitoring report.

Decision:

The Executive RESOLVEd

That  (i)    the Council’s Revenue and Capital forecasts for the General Fund and Housing Revenue Account monitoring position be noted; and

          (ii)   it be noted that the Corporate Leadership Team will continue to identify mitigations to enable the net expenditure for 2024/25 to be contained within the budget approved by the Council on 8 February 2024 and 4 March 2024.

Reason:   Controlling the outturn within budget is essential to maintain financial control and to support the journey to financial sustainability.

Wards Affected: (All Wards);

Recommend to Council?: No;

Consultees

Cllr Roberts, Portfolio Holder.

Contact: Stephen Fitzgerald, Strategic Director for Finance (Section 151 Officer) Email: stephen.fitzgerald@woking.gov.uk.

Report author: Stephen Fitzgerald

Publication date: 13/09/2024

Date of decision: 12/09/2024

Decided at meeting: 12/09/2024 - Executive

Effective from: 21/09/2024

Accompanying Documents: