URL: https://northumberland.moderngov.co.uk/ieDecisionDetails.aspx?ID=405

Decision Maker: Cabinet

Outcome:

Is Key Decision?: Yes

Is Callable In?: Yes

Purpose: The purpose of the report is to ensure that Cabinet is informed of the current financial position for the Council against the Budget for 2024-25.?

Content: RESOLVED that:-   (a) the following be approved:   ·       the re-profiling to the Capital Programme of £67.451 million from 2025-26 to 2026-27 to reflect estimated expenditure levels in the current financial year.   (b) the following be noted:   ·       the projected overspend on services of £3.334 million and the assumptions outlined in this report. ·       the projected overspend on the HRA budget of £1.372 million as detailed in Appendix J. ·       the supplementary estimates at Appendix A and the required changes to the budgets.  ·       the delivery of the approved savings at Appendix B.  ·       the use of the contingency shown at Appendix L.  ·       the use of reserves shown at Appendix M.  ·       the virements requested by services within delegated limits as shown in Appendix N. ·       the details of capital project reprofiling shown at Appendix O.

Date of Decision: December 9, 2025