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

 

c)   
Approved the inclusion of £482k from the
Climate Reserve to support the development and operation of climate
change projects and initiatives as set out in paragraph 5.49 of the
report.

 

d)   Approved an increase
in the gross budget of £4.931m to provide support for
families and individuals in specific financial hardship to be
funded from the Household Support Fund 4 grant of £4.931m as
reported to Executive in April. See paragraph 5.69 of the
report.

 

 
Reason for Recommendations – to note the forecast
financial position for 2023/24 as at Period 2 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.