Purpose

The
report will present an overview of the revenue and capital outturn
and reserves position for the 2023/24 financial year, ended 31
March 2024.

Content

DECISION:

 

RESOLVED:
 

1. 
That the provisional revenue and capital outturn
position for the 2023/24 financial year, as detailed in the report,
be noted.

2. 
That the unbudgeted reserve movements approved by
the Section 151 Officer, as detailed in Appendix 1 to the report,
be endorsed.

3. 
That the provisional overspend of £3.145m be
funded by a draw from the Financial Sustainability Reserve, in line
with the Council’s Reserve Strategy.

4. 
That the write-offs, as specified in paragraph 2.25
to 2.29 of the report, be approved.

5. 
That the Section 151 Officer be authorised, in
consultation with the Leader and Deputy Leader, to finalise capital
expenditure following receipt of accrual evidence and finalised
application of programme funding.
 

RESOVED TO RECOMMEND TO FULL COUNCIL:
 
1. 
That the Council’s capital programme be
uplifted by £35.216m as outlined within the report, at
paragraph 2.17.

 

 

Reason for the Decision: 
 
As
contained within the report.
 

Alternative options considered:
 
None
other than contained within the report.
 

Conflicts of interest declared:
 
None.
 

Dispensations granted in respect of a conflict of
interest:
 
N/A