Decision details
Quarter 2 Financial Forecast 2024/25
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
This report sets out the current forecasts of
income and expenditure against the budget for 2024/25 and other key
financial data
Decision:
Cabinet RESOLVED:
(1) To note the new grant funding received in year, the overall financial position and the actions being taken to manage the issues arising as detailed within the Q2 Financial Forecast.
(2) To note progress on the savings delivery tracker, as detailed in Appendix A of the report.
(3) To note the prudential indicators for treasury management, as detailed in in Appendix B of the report.
(4) To approve the virements set out in section 4.7.15 of the report.
Eligible for call-in: Yes
Deadline for submission of call-in: 6pm on Monday 21 October 2024
Reason Key: Affects more than 2 wards;
Wards Affected: (All Wards);
Contact: Ravinder Jassar, Deputy Director Corporate and Financial Planning Email: ravinder.jassar@brent.gov.uk Tel: 0208 937 1487.
Report author: Ravinder Jassar
Publication date: 15/10/2024
Date of decision: 14/10/2024
Decided at meeting: 14/10/2024 - Cabinet
Effective from: 22/10/2024
Accompanying Documents:
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