Decision

Decision
RESOLVED
 

Torecommend the following to Full
Council:

a)  
The provisional
outturn position for the General Fund revenue account for
2022/23;

b)   
The transfers to and
from reserves as detailed within the report (and appendix C) along
with the corresponding updates to the 2023/24budget;

c) 
The deficit of
£0.261m relating to service overspends be funded from the
GeneralReserve;

d)     
The deficit of
£0.561m relating to retained business rates be funded from
the Business RatesReserve;

d)    
The financing of the
2022/23 capital programme as detailed
within the report and at Appendix D.

e) 
The balance on the
General Reserve of£2.649m;

f)        
The updated capital
programme for 2023/24 to 2025/26 and
scheme financing as outlined withinthe report and detailed at
Appendix E

g)      
The roll-forward
requests as outlined in Appendix F

h)      
The transfer of
£0.5m from the Delivery Plan Reserve to a new reserve –
‘Net Zero Initiatives’ set up specifically to fund
projects, initiatives and works to achieve Net Zero.

i)        
The provision of a
Temporary Accommodation capital budget for 2024/25 and 2025/26 of
£0.25m per year be moved into 2023/24 giving a total budget
of £0.75m in 2023/24 and that this be funded by temporary
borrowing until it can be replaced by preserved right to buy
capital receipts.

Reasons for the
decision:

To approve the draft
outturn position on the revenue and capital accounts used to
produce the statutory accounts for 2022/2023.