Decision details

a)    That the comments of the Scrutiny Commission be noted;

b)    That the 2024/25 provisional revenue and capital outturn be noted;

c)    That the prudential indicators for 2024/25 as shown in Appendix E to the report be noted;

d)    That the net underspend be used for the additional commitments as specified in the report;

e)    That it be noted that the current MTFS gap of £90m by 2028/29 may be exacerbated by the Government’s Spending Review announced on 11^th June and that the Director of Corporate Resources report further to the Cabinet at its next meeting on the Spending Review, its implications for the County Council’s finances and services;

f)     That in light of that further report, the procurement of external support to deliver savings be approved by the Cabinet at its next meeting.

(KEY DECISION)

REASONS FOR DECISION:

To note the provisional revenue and capital outturn for 2024/25 and agree the transfers to earmarked reserves to fund future commitments.