RESOLVED

3.1. To note that the Period 5 position (as at the end of August) forecasts indicative savings delivery of £52.042m (58%) and a projected spend above budget of £37.262m for 2024/25.

3.2. To note the projected General Fund Balance of £1.559m arising if no further action were taken.

3.3. To note and endorse the actions achieved and planned (para 2.4 and 2.5)

3.4. To require that the Chief Executive and Chief Officers urgently take all possible action to reduce spending between October and March, targeting a significant reduction in forecast spending to bring the outturn in line with the budget agreed by Council in February