Issue - meetings

Key Decision

Councillor Rachel Madden – Executive Lead Member for Finance, Revenues and Benefits

Cabinet received a summary of the Council’s forecast financial outturn position to 31 March 2024 compared to the latest approved budgets for the General Fund, Housing Revenue Account (HRA) and the Capital

Programme.

RESOLVED that

a)    the current forecast outturn for the General Fund, Housing Revenue Account (HRA) and Capital Programme for 2023/24, be received and noted;

b)    the budget adjustments outlined in section 3.1, Table 3 and the reserve movements outlined in section 3.2 Table 4 of the report, be approved;

c)    the proposed revised communal heating charges payable from 30^th October 2023, as outlined in section 6, Table 6 of the report, ensuring residents benefit from the reduced charges in a timely manner, be approved;

d)    Council be recommended to approve the amendments and the addition of new schemes to the Capital Programme 2023/24 to 2027/28 and the funding of the Capital Programme as set out in Section 7 and Appendix 3 of the report;

e)    the monitoring of Prudential and Treasury Management indicators for 2023/24, as detailed in Appendix 4, be noted.

Reason:

In accordance with the Council’s Financial Regulations to report to those charged with Governance the financial position.