Cabinet Member: Finance
Forward Plan Ref: 2024/060
Contact: Kathy Wilcox, Head of Financial Strategy
Kathy/wilcox@oxfordshire.gov.uk
Report by Executive Director of Resources and Section 151 Officer (CA11).
The Cabinet is RECOMMENDED to
a) agree the virements in Annex 1a and note the virements in Annex 1b.
b) note the anticipated reduction in business rates funding of £0.7m in 2024/25 compared to the assumptions in the budget, and the proposed use of additional business rates income notified in late 2023/24 to replace this.
Additional documents:
Decision:
Recommendations approved.