Issue - meetings
Financial Monitoring Period 2
Meeting: 09/07/2025 - Cabinet (Item 10.)
10. Financial Monitoring Period 2 
PDF 627 KB
Lead Member – Councillor Roger Evans, Portfolio Holder for Finance
Lead Officer – James Walton, Executive Director of Resources
Decision:
RESOLVED:
3.1. To ensure necessary action is
taken to improve Period 2 forecast (31st May 2025), by year end in
terms of the indicative level of savings delivery of £31.438m
(53%), resulting in a projected spend over budget of £13.174m
for 2025/26.
3.2. To note the projected General Fund Balance would be
£0.606m if no further action were taken.
3.3. To formally acknowledge that the current information indicates the need for urgent corrective action, and to request that the Council’s senior team undertakes that urgently