Agenda item

6.1

The report brings the Committee up to date with the Council’s financial position as at Month 8 2022/23 including General Fund revenue position, Housing Revenue Account and Capital Programme Monitoring (Appendix 1).

6.2

RESOLVED UNANIMOUSLY: That Finance Sub-Committee notes the Council’s financial position as at the end of November 2022 (month 8), as detailed in the report.

6.3

Reasons for Decision

6.3.1

The report brings the committee up to date with the Council’s current financial position as at Month 8 2022/23 including the Capital Programme.

6.4

Alternatives Considered and Rejected

6.4.1

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.

6.1

The Director of Finance and Commercial Services submitted a report bringing the Committee up to date with the Council’s financial position as at Month 8 2022/23 including General Fund revenue position, Housing Revenue Account and Capital Programme Monitoring (Appendix 1).

Officers agreed to provide Members with further information in respect of: Future High Streets Fund Overspend and ‘de-scoping’; Electric Works lettings policy; Fieldwork staffing in Children’s Services; and Broadfield Road Junction scheme slippage.

6.2

RESOLVED UNANIMOUSLY: That Finance Sub-Committee notes the Council’s financial position as at the end of November 2022 (month 8), as detailed in the report.

6.3

Reasons for Decision

6.3.1

The report brings the committee up to date with the Council’s current financial position as at Month 8 2022/23 including the Capital Programme.

6.4

Alternatives Considered and Rejected

6.4.1

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.