Purpose

The report will set out a summary of the
Council’s actual revenue and capital spending for the quarter
to June 2023 together with the main variations from the approved
spending levels and impact on future budgets

Content

RESOLVED

That the Cabinet:

a)    
Agrees to note the projected outturn for the year
2023/2024 as summarised in report
FIN/633.

 
b)    
Approves a supplementary capital estimate of
£70,000 required for data migration to the new Benefits
Online and Document Management System this will be funded from the
Welfare Reform Reserve. (para 8.7 of report
FIN/633).
 
c)     
Approves a supplementary capital estimate of
£169,100 for the repair of the Pit Lift at the Hawth Theatre funded by £120,300 from the
revenue programme maintenance budget and £48,800 from capital
receipt. (para 8.8 of report
FIN/633).

That
Full Council be asked to:
 
d)    
Approve the addition to the Capital Programme of
£1,052,466 for Disabled Facility Grants funded from the
Better Care Fund. (para 8.4 of report
FIN/633).

 

e)    
Approve a supplementary capital estimate of
£6,000,000 for HRA acquisitions of land or dwellings to be
funded from 1-4-1 receipts of £2,400,000 and £3,600,000
of borrowing. (para 8.9 of report
FIN/633).
 

f)      
Approve the addition to the HRA Programme
Maintenance budget of £6,792,086, this will be funded from
SHDF Wave 2 Grant. (para 8.9 of report

FIN/633).

Reasons for the Recommendations

To report to Members on the
projected outturn for the year compared to the approved
budget.