Decision status: Recommendations Approved
9.1 |
This report brings the
Committee up to date with the Council’s financial position as
at Month 4 2022/23. |
9.2 |
RESOLVED UNANIMOUSLY: That the Waste and Street Scene Policy Committee:-
1.
Note the Council’s challenging financial position as at the
end of July 2022 (month 4). |
9.3 |
Reasons for Decision |
9.3.1 |
By the law the Council
must set and deliver a balanced budget, which is a financial plan
based on sound assumptions which shows how income will equal spend
over the short- and medium-term. This can take into account
deliverable cost savings and/or local income growth strategies as
well as useable reserves. |
9.4 |
Alternatives Considered and Rejected |
9.4.1 |
The Council is
required to both set a balance budget and to ensure that in-year
income and expenditure are balanced. No other alternatives were
considered. |
Report author: Ryan Keyworth
Publication date: 05/10/2022
Date of decision: 28/09/2022
Decided at meeting: 28/09/2022 - Waste & Street Scene Policy Committee
Accompanying Documents: