Agenda item

Budget Monitoring and Financial Position Month 10, 2022/23

Report of Director of Finance and Commercial Services

Decision:

6.1

This report brings the Committee up to date with the Council’s financial position as at Month 10 2022/23 including the 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 January 2023 (month 10).

 

 

6.3

Reasons for decisions

 

 

6.3.1

This paper is to bring the committee up to date with the Council’s current financial position as at Month 10 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.

 

Minutes:

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 10 2022/23 including the 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 January 2023 (month 10).

 

 

6.3

Reasons for decisions

 

 

6.3.1

The paper brought the Committee up to date with the Council’s current financial position as at Month 10 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.

 

Supporting documents: