Decision details
Quarter 3 Financial Report 2024-25
Decision Maker: Cabinet
Decision status: Recommendations Approved (subject to call-in)
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
This report sets out the current forecast of
income and expenditure versus the revenue 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 Q3 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 4.7.13 of the report.
Eligible for call-in: Yes
Deadline for submission of call-in: 6pm on Wednesday 22 January 2025
Reason Key: Affects more than 2 wards;
Wards Affected: (All Wards);
Contact: Minesh Patel, Corporate Director Finance and Resources Email: minesh.patel@brent.gov.uk Tel: 020 8937 4043.
Report author: Ravinder Jassar
Publication date: 15/01/2025
Date of decision: 15/01/2025
Decided at meeting: 15/01/2025 - Cabinet
Date comes into force if not called in: 23/01/2025
Call-in deadline date: 22/01/2025
Current call-in Count: 0
Accompanying Documents:
PDF 984 KB