Issue - meetings

This report presents the forecast revenue outturn position for the current financial year 2024/25, as at Quarter 2 (30 September).

The Committee received a report presenting the forecast revenue outturn position for the current financial year 2024/25, as at Quarter 2 (30 September).

The following matters were considered:

a)            Report Correction. The Interim Chief Finance Officer informed the Committee that there is an error in paragraph 7.1, the paragraph should state ‘income totalling £356,000’, instead of £326,000.

b)            Impounded Vehicle. A Member of the Committee asked for more information regarding the impounded vehicle mentioned in the report introduction. The Interim Chief Finance Officer informed the Committee that there is an impounded vehicle, due to an issue dating back a number of years, and the £49,000 listed in the report, is the hire cost of the replacement vehicle. The Legal Officer advised that this was not to be discussed further during the public meeting.

c)            Hiring Cost. A Member of the Committee raised that £49,000 seems to be high for the hire of one vehicle. The Chair noted the comment and suggested that the issue could be raised with the relevant Chair.

d)            Point of clarification. A Member of the Committee asked for clarification regarding if they were able to vote on this item, considering they had joined the Meeting during the Officer introduction, but prior to the Member debate. The Chair and Legal Officer advised the Member not to participate in the vote.

Following consideration, the Committee unanimously resolved to*:

(1)      Receive the revenue budget monitoring report, which sets-out a projected deficit of £95,000 for 2024/25;

(2)      Note that the forecast includes an adverse variance of £475,000 within Homelessness and that regular reports will continue to be prepared for Community & Wellbeing Committee to update members on progress against the Homelessness Strategy and Action Plan;

(3)      Agree that the updated Quarter 3 position will be reported back to Audit and Scrutiny Committee in February 2025.

*Councillor Alex Coley joined the Committee Meeting during the consideration of this item and did not vote on this item.