Agenda item

The Cabinet considered a report of the Corporate Director of Resources which provided information on the following:

a)    the forecast revenue and capital outturn for 2024/25, based on the position to 30 June 2024;

b)    an update on the dedicated schools grants and forecast schools’ outturn as at 31 March 2025, based upon the position to 30 June 2024;

c)     the forecast for the council tax and business rates collection fund outturn at 31 March 2025, based on the position to 30 June 2024;

d)    details of the updated forecast use of and contributions to earmarked, cash limit and general reserves in 2024/25 and the estimated balances that will be held at 31 March 2025. 2 To provide Cabinet with an update on progress towards achieving MTFP (14) savings in 2024/25;

The report also provided Cabinet with an update on progress towards achieving MTFP (14) savings in 2024/25 (for copy of report, see file of minutes).

Resolved: