Decision
Analysis
outcome: The Cabinet approved the outturn expenditure, budget carry forward, earmarked reserves, and virements for the 2024/25 financial year.
summary: The decision involves approving the outturn expenditure, budget carry forward, earmarked reserves, and virements for the 2024/25 financial year.
topline: The Cabinet has decided to approve the financial aspects of the 2024/25 budget.
reason_contentious: This issue is not contentious as it mainly involves financial matters and budget approvals.
affected_stakeholders: ["Cabinet", "Council"]
contentiousness_score: 0
political_party_relevance: There are no mentions or implications of political parties or political influence on the decision.
URL: https://democratic.bracknell-forest.gov.uk/ieDecisionDetails.aspx?ID=4012
Decision Maker: Cabinet
Outcome:
Is Key Decision?: Yes
Is Callable In?: Yes
Purpose: To note the outturn position for the year and approve earmarked reserves.
Content: RESOLVED that Cabinet: i. notes the outturn expenditure for 2024/25, subject to audit, of £96.614m, which represents an underspend of -£0.742m compared with the approved budget. ii. approves the budget carry forward of £0.011m (see paragraph 6.9). iii. approves the earmarked reserves as set out in Annexe C. iv. approves the virements up to £0.100m relating to the 2024/25 budget (see Annexe D). RECOMMENDED that Council: i. notes the Treasury Management performance in 2024/25 as set out in Annexe B. ii. approves the virements over £0.100m relating to the 2024/25 budget (see Annexe D). The recommendations are intended to inform the Cabinet of financial performance against budget in the 2024/25 financial year. The report sets out the Council’s actual financial performance in 2024/25 and the consideration of options is not therefore appropriate. None
Date of Decision: July 15, 2025