Purpose

To report any adjustments to the in-year
budget

Content

RESOLVED
 
KEY DECISION
 
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 assessment of the current deliverability of the 2023/24
savings proposals in Appendix A.
 

c)   
Approved an increase in the gross budget of £984k to support
the delivery of the government’s wider commitment to level up
all parts of the UK to be funded from the UK Shared Prosperity Fund
(UKSPF) grant of £984k as set out in paragraph 5.69.
 

d)   
Approved an increase in the gross budget of £1.919m to
provide additional support to adult social care, to be funded from
the Market Sustainability and Improvement Fund as set out in
paragraph 5.70.

 

 
Reason for
Recommendations – to note the
forecast financial position for 2023/24 as at Period 3 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.