Decision status: Recommendations Approved
8.1 |
This report brings the Committee up to date with the Council’s final outturn position for 2022/23 including General Fund revenue position, Housing Revenue Account, and Capital Programme Monitoring (Appendix 1). The report also provides an update of the Council’s Treasury Management activity in 2022/23 and sets out expectations for the coming of the year (Appendix 2). |
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8.2 |
RESOLVED UNANIMOUSLY: That Finance Committee:-
(a) note the updated information and management actions provided by this report on the 2022/23 Revenue Budget Outturn as described in this report;
(b) note the updated information and management actions provided by this report on the 2022/23 Capital Programme Monitoring as described in Appendix 1;
(c) note the annual Treasury Management Outturn report for 2022/23 as described in Appendix 2; and
(d) approve the revenue budget carry forward requests for 4 items:
I. £239k Local Area Committee & Ward Pots;
II. £259k Displaced general fund carried forward as a result of Team Around the Person funding from ICB spent in 2022/23;
III. £200k Youth – this proportion relates to the amount underspent on the Voluntary Sector grants in 2022/23; and
IV. £300k in the Housing General Fund for Registration Regulation that was initially allocated in 21/22 to fund staff to undertake enforcement work in Private Sector Housing. |
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8.3 |
Reasons for decisions |
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8.3.1 |
To record formally changes to the Revenue Budget and the Capital Programme. |
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8.4 |
Alternatives Considered and Rejected |
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8.4.1 |
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. |
Publication date: 13/06/2023
Date of decision: 13/06/2023
Decided at meeting: 13/06/2023 - Finance Committee
Accompanying Documents: