Agenda item

May 2024-25 Financial Monitoring Report

 

Report from the Strategic Director of Finance and Customer Services.

 

Recommendations:

 

That Cabinet:

 

1.    Note the current General Fund Revenue Budget forecast overspend of £4.6m.

 

2.    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 its reserves to balance the 2024/25 financial position.

 

Supporting documents: