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The purpose of the report was to set out the
Council’s financial outturn position for the 2023/24
financial year.
 
The Leader asked to the Chief Accountant and
Deputy S.151 officer to introduce the report in the absence of the
Chief Executive.
 
The Leader informed Cabinet of a revised
recommendation wording for recommendation 2. The following revised
wording was proposed:
 
Approve the carry forward of
unspent capital budget included in Annex A and paragraph 6.21 of
£1.513m into the 2024/25 Capital Programme.
 
The recommendations as amended
were proposed by Councillor Joe Harris and seconded by Councillor
Paul Hodgkinson.
 
RESOLVED: That Cabinet
1. NOTED the outturn financial
position set out in this report;
2. APPROVED the carry forward of
unspent capital budget included in Annex A and paragraph 6.21 of
£1.513m into the 2024/25 Capital Programme;
3. APPROVED the transfers to and
from reserves, as set out in Paragraphs 4.28 to 4.30
and Annex C;
4. NOTED the changes to
provisions as set out in paragraphs 4.33 and 4.34;
5. APPROVED the closing balance
on the Financial Resilience Reserve and the
commitment to fund the
Council’s share of the estimated redundancy costs
associated with Phase 1 of the
transfer of services from Publica to
the Council
(up to £0.300m).
 
Voting Record
 
6 For, 0 Against, 0 Abstention, 2
Absent/Did not vote