Decision details
2024/25 Q3 Budget Monitoring Update
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Decision Maker: Cabinet
Decision status: For Determination
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
The purpose of the report is to provide an
update on the revenue budget forecast outturn for the period to the
end of December 2024 (Quarter 3). The report also provides an
update on the council’s Medium Term Financial Position,
Dedicated Schools Grant, Housing Revenue Account (HRA), Collection
Fund and Capital Programme.
Decision:
The Cabinet has considered an update on the revenue budget forecast outturn for the period to the end of December 2024 (Quarter 3) which also provided an update on the Dedicated Schools Grant, Housing Revenue Account, Collection Fund, Reserves and updates to the Capital Programme and has agreed to:-
(1) Note the Cash Limit and Non-Cash Limit forecast outturn positions for 2024/25 as at Quarter 3;
(2) Note the DSG, HRA and Collection Fund forecast outturn positions for 2024/25 as at Quarter 3;
(3) Note the update on Reserves;
(4) Note the forecast position for the 2024/25 Capital Programme;
(5) Note the changes to the Capital Programme and re-phasing of schemes during Quarter 3; and
(6) Note the 2024/25 Capital Programme Prudential Indicators.
Alternative options considered:
None.
Interests and Nature of Interests Declared:
None.
Wards Affected: (All Wards);
Equality and/or Environmental Impact Assessment: N/A
Decision Reference: CAB539
Declarations or conflicts of Interest: None.
Other reasons / organisations consulted
N/A
Contact: Jonathan Davies, Corporate and Support Services Email: jonathan.davies@stockport.gov.uk Tel: 218 1025.
Report author: Jonathan Davies
Publication date: 19/03/2025
Date of decision: 18/03/2025
Decided at meeting: 18/03/2025 - Cabinet
Effective from: 26/03/2025
Accompanying Documents: