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RESOLVED: That the Finance, Audit
and Risk Committee provided comments and recommended to Cabinet the
Revenue Budget Outturn 2023/24.
 

RECOMMENDATIONS TO CABINET:

 

(1)  
That Cabinet note this
report.
 

(2)  
That Cabinet approves
a decrease of £194k in the 2023/24 net General Fund
expenditure, as identified in section 8 of the report, to a total
of £16.494million.
 

(3)  
That Cabinet approves
the adjustments to the 2024/25 General Fund budget, as identified
in table 4 and paragraph 8.3 of the report, a total £634k
increase in net expenditure.
 
That
Cabinet recommends to Council.
 

(4)  
That Council approves
the net transfer to earmarked reserves, as identified in table 9 of
the report, of £2.028million.
 

REASONS FOR RECOMMENDATIONS:

 

(1) 
Members are able to monitor,
make adjustments within the overall budgetary framework and request
appropriate action of Services who do not meet the budget targets
set as part of the Corporate Business Planning process.
 

(2)  
Changes to the Council’s
balances are monitored and approved.