REVENUE BUDGET MONITORING - APRIL-DECEMBER 2023/24

April 29, 2024 City Mayor (Individual Decision) (Cabinet member) Key decision Approved View on council website

This summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.

Summary

...to approve the in-year transfer to the Managed Reserve Strategy, the budget reductions, and the transfer of the in-year underspend to the Managed Reserve Strategy, while delegating authority to the Director of Finance to determine the specific budget ceilings affected, following the revenue budget monitoring for April-December 2023/24.

Full council record

Purpose

Decisions consequential to the monitoring of
expenditure in 2023/24 (if any).

Decision

To approve: 
 
•          
The in-year transfer to the Managed Reserve Strategy as described
in Appendix B: para 15.1.
 
•          
the reductions to budgets described in Appendix C, and for the
in-year underspend to be transferred to the Managed Reserve
Strategy; and delegate authority to the Director of Finance to
determine the specific budget ceilings affected

Supporting Documents

Revenue Budget Monitoring P9 OSC final.pdf
Revenue Decision Notice April - Dec 2023 v2.pdf

Details

OutcomeRecommendations Approved
Decision date29 Apr 2024
Subject to call-inYes