Agenda

Members of the public may ask questions or make statements at this meeting if they have given notice to Elizabeth Jackson, Principal Democratic Services Officer, and supplied the text by midday on Wednesday 21 May 2025, three working days before the day of the meeting.  Each speaker should limit themselves to 3 minutes on any item.  Members of the public who have given notice will be invited to speak:

·         at this point in the meeting if their questions/statements relate to matters which are not otherwise on the Agenda (subject to an overall time limit of 30 minutes);

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Recommendations

That the Executive

(i)             Notes the outturn position again the 21024/25 Revenue Budget, as summarised in paragraph 2.2.1.

(ii)            Notes the outturn position against the 2024/25 Housing Revenue Account budget as detailed in section 2.3

(iii)           Approves up to £480k of Strategic Capacity Reserve to fund digital EHCP system (paragraph 2.5.2)

(iv)           Approves the transfer of uncommitted reserve balances to Strategic Capacity (paragraph 2.6.1)

(v)            Agrees to transfer the revenue net underspend of £2,590k to Capital Supply Chain Reserve (paragraph 2.6.2)

(vi)           Note the performance of the Treasury Management operation during 2024/25 and the position on Prudential Indicators.

(vii)          To note the position on capital outturn as detailed in Appendices A to D

(viii)        To recommend to the Council the proposed carry forward to 2024/25 of the net capital underspend totalling £8.0m as set out in paragraph 4.4.2.

(ix)           To recommend the release of £2.6m from the Capital Receipts Unapplied Reserve to address the funding gap in relation to the Towns Deal Fund Station Gateway scheme as set out in paragraph 4.3.2; and

(x)            To approve the financing of capital expenditure as detailed in paragraph 4.5.1.

Any other items which the Leader agrees should be considered as a matter of urgency because of special circumstances