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Issue - meetings
Finance Period 2 update report
Meeting: 25/07/2024 - Environment and Sustainability Policy Committee (Item 9)
9 2024/25 Period 2 Finance forecast report 
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To present the financial forecast at period 2 / quarter 1 against the budget as at the end of May 2024.
Decision:
The Committee RESOLVED:
To note the contents of the report on the Period 2 finance forecast for Environment and Sustainability.
Minutes:
The Committee considered a report (agenda item 9) which presented the financial forecast at the end of Period 2, 2024/25.
The Chair commented that there were no decisions to be taken on this report, which was for the Committee’s information.
Summary of main points raised/noted in discussion of this item:
1. It was noted that whilst the current forecast in relation to those budgets aligned to the Environment and Sustainability Policy Committee was projected to be in line with budget at the end of Period 2, there was an overall forecast of a £3.8 million overspend for the Growth and Regeneration directorate as a while. This directorate-wide overspend was primarily driven by the costs of providing temporary accommodation for those experiencing homelessness. It was suggested that, moving forwards, it would be important for the Committee to be kept appraised of the wider Growth and Regeneration directorate budgetary position.
2. In response to a question, it was noted that whereas waste and recycling strategy delivery fell within the remit of this Committee, matters relating to the Bristol Waste business plan were matters for consideration by the Shareholder and the Strategy and Resources Policy Committee.
The Committee RESOLVED:
To note the contents of the report on the Period 2 finance forecast for Environment and Sustainability.