Decision
Analysis
outcome: The General Fund draft outturn position for 2024/25 with an underspend of £874k was agreed upon, along with the transfer of surplus to the Investment Volatility Reserve, approval of reserves transactions and balances, approval of the capital outturn position for 2024/25, and agreement on capital phasing and additions for 2025/26.
summary: The decision involves approving the General Fund draft outturn position for 2024/25, recommending the transfer of surplus to the Investment Volatility Reserve, approving reserves transactions and balances, approving the capital outturn position for 2024/25, and agreeing on capital phasing and additions for 2025/26.
topline: The Executive Board has decided to approve financial allocations and reserves management for the upcoming fiscal year.
reason_contentious: This decision may be contentious as it involves financial allocations and reserves management, which can impact various stakeholders and may lead to disagreements over priorities and resource allocation.
affected_stakeholders: ["Council members", "Taxpayers", "Service users"]
contentiousness_score: 6
political_party_relevance: There are no explicit mentions of political parties or political influence on the decision.
URL: https://democracy.e-lindsey.gov.uk/ieDecisionDetails.aspx?ID=813
Decision Maker: Executive Board
Outcome:
Is Key Decision?: No
Is Callable In?: Yes
Purpose:
Content: 1. That the General Fund draft outturn position for 2024/25 being an underspend of £874k as detailed in Table 1 of Appendix A of the report referred be agreed and it be recommended to Full Council to agree the transfer of the surplus to the Investment Volatility Reserve. 2. To recommend to Full Council that the reserves transactions and balances as set out in Appendix A - Table 3 of the report referred for 2024/25 be approved. 3. That the 2024/25 capital outturn position presented in Table 4a be approved. 4. To recommend to Full Council that the capital phasing from 2024/25 to 2025/26 presented in Table 4c along with the capital additions for 2025/26 be agreed.
Date of Decision: July 2, 2025