Issue - decisions

Provisional Revenue and Capital Outturn 2024/25.

17/06/2025 - Provisional Revenue and Capital Outturn 2024/25.

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 11th 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.