Decision details

RESOLVED:  That

(1)          an overall net estimated deficit of -£1.462mon the total Collection Fund as at 31 March 2024 as set out in the table in paragraph 2 of the officer report, be noted.

(2)          Harrow’s surplus share of £0.790m as set out in the table in paragraph 2 of the officer report, be agreed and this be transferred to the General Fund in 2024-25.

Reason for Decision:  To report to Cabinet on the Council’s statutory obligation to estimate the surplus or (deficit) on the Collection Fund for the year end.  Approval of the recommendations set out were a major part of the annual budget review process.