Purpose

To consider the revenue budget monitoring
report for the first quarter of the financial year.

Decision

1)    
Note the financial position for quarter 1 of 2023/24 and the
forecast for the financial year as set out in section 2 of the
report.

 
2)    
Note the budget virements amounting to £0.50M were processed
during the first quarter, as summarised in section 5 of the
report.
 
3)    
Note the 2023/24 savings, income and investment in services
position detailed insection 7 of the report.
 
4)    
Approve the additional expenditure of £0.32M in 2023/24 to
support delivery of the Council Plan to be initially funded from
Council Plan Priority Funding held within the MTFS Risk Reserve for
this purpose or external grant funding as detailed in section 8 of
the report.
 
5)    
Note the risks associated with the revenue forecasts are detailed
in section 9 of the report.