Councillor Ed Turner, the Cabinet Member for Finance and Assets had submitted a report to update the Cabinet on Finance, Risk and Corporate Performance matters as at 30th September 2024. Councillor Turner presented the report and its findings. He explained that more money had been spent than anticipated due to pressures from temporary accommodation and increased HRA costs this year. Consideration of these factors will be accounted for when assessing the budget for next year. 

Cabinet agreed to 

1.    Note the projected financial outturn as well as the current position on risk and performance as on 30th September 2024.