Decision

The Cabinet has decided to approve recommendations on the Council's expenditure and Capital Programme for 2024/25.

Analysis

outcome: Recommendations were approved, including transferring an underspend to Reserves, approving technical reserve movements, noting savings and capital outturn positions, and reviewing performance and risks.

summary: The Council's outturn expenditure for 2024/25 and changes to the Capital Programme were considered by the Cabinet.

topline: The Cabinet has decided to approve recommendations on the Council's expenditure and Capital Programme for 2024/25.

reason_contentious: This issue may be contentious as it involves financial decisions and budget allocations which can impact various stakeholders.

affected_stakeholders: ["Council members", "Taxpayers", "Service users"]

contentiousness_score: 5

political_party_relevance: There are no explicit mentions of political parties in the decision.

URL: https://glostext.gloucestershire.gov.uk/ieDecisionDetails.aspx?ID=2438

Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Purpose: To report the outturn for the 2024/25 County Council’s Revenue and Capital Budgets To report on the Council’s performance and risk during Quarter 4 of 2024/25

Content: Cllr Colin Hay asked Cabinet to consider the Council's outturn expenditure for 2024/25, agree recommendations and approve changes to the Capital Programme in 2024/25 and future years, as well as report on the Council’s performance and risk during Quarter 4 2024/25   Having considered all of the information, Cabinet noted the report and RESOLVED to:     1.             Note the 2024/2025 revenue budget underspend of £13.836 million and approves that the £13.836 million is transferred to Reserves as set out in paragraph 3.   2.         Approve other technical reserve movements for 2024/25 as set out in Annex 2.   3.              Note in section B the delivery of £26.445 million of savings against a target of £32.453 million in 2024/25; and notes the revised 2025/26 savings target as per paragraph 35.   4.              Approve the changes to capital programme of transfers (virements) and funding increases, as detailed in paragraph 55.   5.              Note in section G the capital outturn position for 2024/25 of £131.912 million against a revised budget of £147.385 million, giving an in-year slippage of £15.473 million.   6.              Note in section H the Council’s performance against the Prudential Indicators for 2024/25.   7.              Note this report of the Council’s performance and risks. To do this, the following are provided: ·       Council Strategy updates ·       Overview of Performance ·       Performance Scorecard ·       Risk Scorecard  

Date of Decision: June 18, 2025