Decision

The Committee has decided to approve financial monitoring details and recommendations for the 1st quarter of 2025.

Analysis

outcome: Recommendations were approved by the Committee.

summary: The decision involved reviewing financial monitoring details and approving recommendations for the 1st quarter of 2025.

topline: The Committee has decided to approve financial monitoring details and recommendations for the 1st quarter of 2025.

reason_contentious: This issue is not particularly contentious as it mainly involves financial monitoring and budget variances.

affected_stakeholders: ["Council members", "Corporate Director - Finance and Resources", "Taxpayers"]

contentiousness_score: 2

political_party_relevance: There are no mentions or implications of political parties or political influence on the decision.

URL: https://committee.worcester.gov.uk/ieDecisionDetails.aspx?ID=271

Decision Maker:

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Purpose:

Content: The Committee reviewed the financial monitoring details including budget variances and performance indicators for the 1st quarter ended 30th June 2025. The Corporate Director – Finance and Resources presented the report and highlighted the main points, including any significant variances in the forecast revenue outturn at Q1.   It was noted that during the quarter, £92k of Council Tax debt was written off along with £379k of Business Rates. Worcester’s share of these write-off figures represented £9k and £150k respectively.   Officers responded to questions and comments from Committee Members.   RESOLVED: That the Committee agree to note:   1.    the financial monitoring details including budget variances and performance indicators for the 1st quarter ended 30 June 2025;   2.    the write-offs of Council Tax and Business Rates for the quarter ended 30 June 2025; and   3.    the forecast balances on earmarked reserves at 31 March 2026.

Date of Decision: September 16, 2025