Agenda item

Budget Monitoring and Financial Position Month 7, 2022/23

Report of the Executive Director, Resources

Decision:

14.1

The report brings the Committee up to date with the Council’s financial position as at Month 7 2022/23 including General Fund revenue position and Capital Programme Monitoring (Appendix 1)

 

 

14.2

RESOLVED UNANIMOUSLY: That Strategy and Resources Policy Committee notes the Council’s financial position as at the end of October 2022 (month 7).

 

 

14.3

Reasons for Decision

 

 

14.3.1

This paper is to bring the committee up to date with the Council’s current financial position as at Month 7 2022/23 including the Capital Programme.

 

 

14.4

Alternatives Considered and Rejected

 

 

14.4.1

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.

 

Minutes:

14.1

The Director of Finance and Commercial Services presented a report bringing the Committee up to date with the Council’s financial position as at Month 7 2022/23 including General Fund revenue position and Capital Programme Monitoring (Appendix 1)

 

 

14.2

RESOLVED UNANIMOUSLY: That Strategy and Resources Policy Committee notes the Council’s financial position as at the end of October 2022 (month 7).

 

 

14.3

Reasons for Decision

 

 

14.3.1

This paper is to bring the committee up to date with the Council’s current financial position as at Month 7 2022/23 including the Capital Programme.

 

 

14.4

Alternatives Considered and Rejected

 

 

14.4.1

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.

 

 

Supporting documents: