Decision
Analysis
outcome: The re-profiling of funds was approved, with additional details noted such as underspend, savings delivery, and reserve utilization.
summary: The decision involves re-profiling £67.286 million from 2024-25 to 2025-26 in the Capital Programme.
topline: The Cabinet has decided to re-profile £67.286 million in the Capital Programme for the financial year.
reason_contentious: This issue is not likely to be contentious as it mainly involves financial management and budget adjustments.
affected_stakeholders: ["Council members", "Finance department", "External auditors"]
contentiousness_score: 2
political_party_relevance: There are no mentions or implications of political parties or political influence on the decision.
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