Issue details

Budget Outturn and Budget Carry Forwards 2024/25

This report presents the Budget Outturn and Budget Carry Forwards for 2024/25.
Cabinet is asked to note the final outturn position for 2024/25 and:
a) Approve the movements on earmarked reserves and provisions;
b) Note the capital carry-forward budgets approved by the Chief Financial Officer in accordance with Financial Regulations;
c) Approve the carry forward of non-committed capital budgets from 2024/25 as additions to the 2025/26 budget in accordance with Financial Regulations.
d) Recommend that Council approve the method of financing the 2024/25 capital expenditure which includes making the determinations required for the minimum revenue provision.

Decision type: Key

Reason Key: Expenditure>£500,000 and affects more than 1 ward;

Decision status: For Determination

Wards affected: (All Wards);

Notice of proposed decision first published: 16/05/2025

Decision due: 5 Jun 2025 by Cabinet

Decision due: 23 Jul 2025 by Council

Lead member: Leader of the Council

Lead director: Chief Finance Officer & S151 Officer

Contact: James Goodall Email: james.goodall@gedling.gov.uk Tina Adams, Chief Finance Officer & S151 Officer Email: tina.adams@gedling.gov.uk, Scott Anderson, Finance Business Partner Email: scott.anderson@gedling.gov.uk.

Consultation process

n/a

Agenda items

Documents

  • Budget Outturn and Budget Carry Forwards 2024/25