Detailed information about the budget can be found on our budget page.
Revenue budget monitoring
The provisional end of year position is an overall underspend of £0.742 million.
This will increase the level of General Reserves at 1 April 2024 from £9.852 million to £10.594 million.
A widely recognised benchmark is that the minimum level of General Reserves should equate to 5% of the net revenue budget. For Bracknell Forest, that implies a minimum figure of £4.9 million, based on the approved 2024 to 2025 budget.