Finance Monitoring Report End of Year 2023 - 2024

July 16, 2024 Budget Planning Committee (Committee) Approved View on council website
Full council record
Content

Resolved
 

(1)         
That, having given due consideration, the contents of the
council’s outturn for the financial year ended 31 March 2024
report be noted.
 

(2)         
That the use of reserve requests be noted.
 

(3)         
That the reserves movements made under the Section 151
Officer’s delegated powers as part of the audit of prior
years’ statement of accounts be noted.
 

(4)         
That the reprofiled capital budget, including corresponding
financing from capital reserves, and adjustments to the 2024/25
capital programme accordingly be noted.
 

(5)         
That outturn for 2023/2024, which is a balanced position after a
contribution to reserves of £4.461m, be noted.
 

(6)         
That the use of £0.285m of the Commercial Risk element of
Policy Contingency to mitigate the delay in forecast lettings for
some properties within 2023/24 be noted.
 

Supporting Documents

Appendix 3 - Virements and Aged Debt March 2024.pdf
March 2024 Outturn Report - BPC.pdf
Appendix 2 - Detailed Revenue Narrative on Outturn March 2024.pdf
Appendix 1 - Capital March 2024.pdf
Appendix 4 - Funding March 2024.pdf
Appendix 5 - Use of Reserves and Grant funding March 2024.pdf

Details

OutcomeRecommendations Approved
Decision date16 Jul 2024