Issue - meetings
December 2024/25 Financial Monitoring Report
Meeting: 10/02/2025 - Cabinet (Item 118)
118 December 2024/25 Financial Monitoring Report 
PDF 352 KB
Report from the Strategic Director of Finance and Customer Services.
Recommendations:
That Cabinet:
- Note the current General Fund Revenue Budget forecast overspend of £3.1m.
- Note that actions will continue to be taken to reduce the overspend position but that it is possible that the Council will need to draw on ... view the full agenda text for item 118
Additional documents:
- Appendix 1 - Equality Screening Document - Financial Monitoring, item 118
PDF 109 KB
- Appendix 2 - Carbon Impact Assessment, item 118
PDF 92 KB
Minutes:
Consideration was given to the report which was the fifth financial monitoring report for the 2024/25 financial year. As at December 2024, the Council currently estimated an overspend of £3.1m for the financial year 2024/25. This was largely due to demand led pressures on children’s residential placements, adults social care ... view the full minutes text for item 118