Agenda item

Sinead Butler, presented the report and answered Members questions and comments.

It was mentioned that this report needs to be scrutinised in detail by a sub-committee which has more time available.  It was felt that this was not a good use of the entire Authorities time to go through this report.  Perhaps the Governance Committee should review the arrangements and whether it should be reviewed by a sub-committee.  This would be taken to the Governance Review Group to review the current working practice.

The recommendations as set out in the report were proposed and seconded, put to the vote and carried.

RESOLVED:

1)    To consider and note the draft Revenue and Capital Outturn positions, Variance Analysis report for 2024/25 and reserve movements (Appendices A, B and D).

2)    That the specific reserve appropriations for Revenue and Capital of £1.1m shown in Appendix C be approved.

3)    To consider and note the renaming of the Aldern House Reserve to the Corporate Operational Reserve and the creation of the Warslow Revenue Reserve.