Decision

RESOLVED
that Cabinet:
 
A    
Noted:

 
              
i)        
The forecast outturn position set out within the
report in respect of the General Fund as at the end of quarter 3
(April – December) of 2023/24 is an adverse variance of
£371,000.

 
             
ii)        
The update contained within the report that this has
changed to a forecast favourable variance at the end of Period 10
(January 2024) of £26,000.

 
B    
Noted:

 
              
i)        
The forecast outturn position set out within the
report in respect of the Housing Revenue Account as at the end of
quarter 3 (April – December) of 2023/24 is an  adverse variance of
£778,000.

 
             
ii)        
The update contained within the report that this has
increased to a forecast adverse variance at the end of Period 10
(January 2024) of £822,000.

 
C    
Noted the forecast outturn position set out within
the report in respect of the Non-Housing Capital Programme as at
the end of quarter 3 (April – December) of 2023/24 with a
projected favourable variance of £2.946 million.

 
D    
Noted the forecast outturn position set out within
the report in respect of the Housing Capital Programme as at the
end of quarter 3 (April – December) of 2023/24 with a
projected favourable variance of £3.358 million.

 
E    
Approved the Period 9 reprofiling into 2024/25
within the Housing and Non-Housing Capital Programmes included
within Appendices C and D.

 
F     
Recommended to Full Council the approval of the
Budget allocations identified for 2023/24 within the Housing and
Non-Housing Capital Programmes included within Appendices C and D
to the report.

 
G    
Noted the council’s Oflog metric data at Quarter 3.