Decision

The Cabinet has decided to approve adjustments to directorate budgets to reduce reliance on Exceptional Financial Support.

Analysis

outcome: Recommendations were approved.

summary: The decision involves approving adjustments to directorate budgets to reflect favourable variances and reduce reliance on Exceptional Financial Support.

topline: The Cabinet has decided to approve adjustments to directorate budgets to reduce reliance on Exceptional Financial Support.

reason_contentious: This issue is not contentious as it is related to financial management and efficiency.

affected_stakeholders: ["Cabinet members", "Directorate staff", "Council employees"]

contentiousness_score: 0

political_party_relevance: There are no mentions or implications of political parties or political influence on the decision.

URL: https://www.southampton.gov.uk/modernGov/ieDecisionDetails.aspx?ID=3534

Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Purpose: To consider the report of the Cabinet Member for Finance and Corporate Services detailing an update on the Council's financial position for 2024/25.

Content: i)  Agree the £0.10M adjustments to be made to directorate budgets to reflect sustained favourable variances reported at month 11 of 2024/25 due to transformation measures, to be transferred to centrally held contingency to reduce the reliance on Exceptional Financial Support (EFS), as set out in paragraph 6. To ensure that Cabinet fulfils its responsibilities for the overall financial management of the council’s resources. Not applicable.

Date of Decision: March 25, 2025