PROVISIONAL FINAL ACCOUNTS 2023/24

May 22, 2024 Executive (Other) Approved View on council website
Full council record
Content

That

1. 
The provisional revenue and capital
outturns for the 2023/24 financial year and the earmarked balances
on the General Fund as at
31st March 2024 be noted;

2. 
The variations in 2023/24 impacting on
the Council’s 2024/25 financial position as detailed in
paragraph 5.1 of the report be noted;

3. 
The comments from Chief Officers as
detailed in Appendix 2 of the report be noted.

4. 
The requests for carry forwards totalling
£888k (net) as detailed in
Appendix 6 of the report be approved, subject to the funding being
allocated to the Central Contingency in 2024/25 to be drawn down on
the approval of the relevant Portfolio Holder.

5. 
The changes to the central contingency
sum as detailed in paragraph 3.5 of the report be
agreed.

6. 
Council be recommended to agree to the drawdown of
£2,670k from the Business Rates
Risk Reserve as set out in para 3.9.1 of the report.

7. 
The transfer of £469k from the Payment in Lieu Reserve for Temporary
Accommodation reserve to the LBB owned affordable housing reserve
as detailed in paragraph 3.8.3 of the report be agreed.

8. 
Council be recommended agree to the reduction in
contribution of £6,319k from the
Collection Fund surplus set aside earmarked reserve as set out in
para 3.9.2 of the report.
 

Supporting Documents

Outturn 202324 committee version finalv2.pdf
Appendices Closedown 2023-24 finalv2.pdf

Details

OutcomeRecommendations Approved
Decision date22 May 2024