URL: https://democracy.tunbridgewells.gov.uk/ieDecisionDetails.aspx?ID=3060

Decision Maker: Cabinet

Outcome:

Is Key Decision?: No

Is Callable In?: Yes

Purpose: To receive the financial position as at the end of June 2025.

Content: To receive the financial position as at the end of June 2025. RESOLVED –   That the Quarter 1 net expenditure on services year to the end of June 2025 was £4,372,000, £331,000 less than budget be noted.   That by year end the Council anticipates net expenditure of £16,804,000 on services, £378,000 under budget be noted.  However, £353,000 of this is Public Realm 2 net income to be transferred back to the On Street Parking Reserve be approved, with the remaining £25,000 being the forecast underspend on the other costs of services be noted.   REASON FOR DECISION:  To show the actual expenditure on services compared to the revised budget for the period ended 30 June 2025, and the forecast outturn position, highlighting significant variances from the revised annual budget.  

Date of Decision: September 25, 2025