RESOLVED that Cabinet: -
(a) Note the budget monitoring position for quarter two 2024/25.
(b) Request Corporate Directors to implement mitigation strategies to reduce their budget pressures alongside tightening their implementation of the expenditure controls in place.
Voting: Unanimous
Portfolio Holder: Finance
Reason
To comply with accounting codes of practice and best practice which requires councils to regularly monitor the annual budget position and take any action to support the sustainability of the council’s financial position.