RESOLVED that Cabinet: -
(a) Noted the budget monitoring position for quarter three 2024/25; and
(b) Agree the acceptance of capital grants for the general fund detailed in Appendix C1 paragraph 2.
RECOMMENDED that Cabinet recommends that Council: -
(c) Agrees the acceptance of capital grant for the HRA detailed in Appendix D paragraph 20.
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 finances. Also, to comply with the council’s financial regulations regarding acceptance of grants.