Decision details

RESOLVED that:-

The following be approved:

1.1      the re-profiling to the Capital Programme of £36.817 million from 2024-25 to 2025-26 to reflect estimated expenditure levels in the current financial year.

1.2      the creation of a new earmarked reserve for Leisure and the subsequent transfer of an estimated £1.300 million to this reserve following the liquidation of Active Northumberland. It is proposed that the reserve will be used to offset leisure pressures.

1.3      Delegate the utilisation of the reserve to the Executive Director of Public Health, Inequalities and Stronger Communities in consultation with the Section 151 Officer.

The following be noted:

1.4      the projected overspend on services of £2.997 million and the assumptions outlined in the report.

1.5      the supplementary estimates at Appendix A and the required changes to the budgets.

1.6      the delivery of the approved savings at Appendix B.

1.7      the use of the contingency shown at Appendix L.

1.8      the use of reserves shown at Appendix M.

1.9      the virements requested by services within delegated limits as shown in Appendix N.

1.10    the details of capital project reprofiling shown at Appendix O.