Purpose

To report any adjustments to the in-year
budget

Content

RESOLVED
 
That the Executive:
 

a)   
Noted the Council’s forecast outturn position for 2023/24 as
summarised in Section 4, alongside the further analysis, risks and
other considerations as set out in Section 5 to Section 7 of the
report.

 

b)   
Noted the release of the contingency budget, totalling
£2.222m, to fund the pay award pressures.
 

c)   
Noted the assessment of the current deliverability of the 2023/24
savings proposals in Appendix A.
 
 
Reason for
Recommendations – to note the
forecast financial position for 2023/24 as at Period 7 and consider
the impact on this year and future years budgets.
 
Alternative Options Considered: The report focuses on the forecast revenue outturn against
budget for 2023/24 and makes recommendations for the Executive to
note the current budgetary position as such there are no specific
choices within the report.