2023-24 Period 1 Financial Performance Report

June 28, 2023 Approved View on council website
Full council record
Content

RESOLVED:
 
1.1.         
To note the General Fund revenue budget risks as
detailed in the directorate sections of the report

 
1.2.         
To note the Housing Revenue Account (HRA) revenue
budget risks as detailed in the report

 
1.3.         
To note the Council’s historic legacy
borrowing and debt burden continues to be critical to the
sustainability of the Council’s revenue budget. Dialogue with
the Department for Levelling Up, Housing and Communities (DLUHC)
continues, and the Council is seeking further financial support
from Government in regards to its level
of indebtedness and balancing the budget to ensure it can deliver
sustainable local government services.

 
1.4.         
To note that the Council continues to operate Spend
Control Panels to ensure that tight financial control and assurance
oversight are maintained.

 
1.5.         
To note the work that has commenced on the
Council’s Transformation Programme as set out from paragraph
4.43.

Supporting Documents

2023-24 Period 1 Financial Performance Report.pdf

Details

OutcomeRecommendations Approved
Decision date28 Jun 2023