Agenda item

To receive and consider the report of the R.F.O concerning the financial position of items under the remit of this Committee in 2024/25.

The Committee received and considered the report of the Responsible Financial Officer (RFO) detailing income and expenditure for budgets which were the responsibility of the committee.

Members were pleased to see that the income and expenditure was within the projected budgets however acknowledged that some expenditures, such as the Christmas Lighting, were not spread across the financial year.

The Committee discussed budget considerations for the 2025/26 financial year, Members were reminded of the resolution passed by the Council in July 2024 to enhance support for Youth Services.

Resolved:

1.     That, the report be noted.

2.     That, the management accounts of the Stronger Communities Committee for the period 1 April to 31 July 2024 be approved.

3.     That, Officers consider the establishment of separate budget lines in order to maintain the funding of The Station and Home Start Oxford, currently £28,000 and £11,000 per annum respectively along with the retention of the existing £40,000 Youth Provision budget from 2025/26 onwards which should be re-opened as a grant fund.