Decision
Analysis
outcome: Approved re-profiling of funds and noted final outturn based on draft Statement of Accounts
summary: Re-profiling of £67.286 million in the Capital Programme from 2024-25 to 2025-26
topline: The Cabinet has decided to re-profile £67.286 million in the Capital Programme for the next financial year.
reason_contentious: Not contentious as it mainly involves financial re-profiling and savings delivery
affected_stakeholders: ["Council", "External auditors"]
contentiousness_score: 2
political_party_relevance: No mention or implication of political parties
URL: https://northumberland.moderngov.co.uk/ieDecisionDetails.aspx?ID=378
Decision Maker: Cabinet
Outcome:
Is Key Decision?: Yes
Is Callable In?: Yes
Purpose: The purpose of the report is to inform Cabinet of the final outturn position (subject to audit) for the Council against the Budget for 2024-25.
Content: RESOLVED that: The following be approved: 1.1 the net re-profiling to the Capital Programme of £67.286 million from 2024-25 to 2025-26 to reflect expenditure levels during the financial year. The following be noted: 1.2 this final outturn is based upon the draft Statement of Accounts and is subject to external audit. 1.3 the net underspend of £0 177 million, after the utilisation of earmarked reserves, which was transferred to the Council’s Strategic Management Reserve. 1.4 the delivery of the approved savings at Appendix A. 1.5 the use of the contingency shown at Appendix K. 1.6 the schedule of movement in the Council’s reserves shown at Appendix L. 1.7 the virements requested by services within delegated limits as shown in Appendix M. 1.8 the details of capital project reprofiling shown at Appendix N.
Date of Decision: July 8, 2025