Purpose

To provide an update on the Councils forecast Outturn Position for 2023/24,
following review and consideration from the Corporate Leadership Team.

Decision

The Cabinet noted:

1. The budgetary control position for 2023/24 as at 30 September 2023 which outlines a forecast overspend of £6.4m.
2. The key variance analysis and explanations are contained in section 4.2 and Appendix A to the report.
3. The Council’s performance with respect to Business Rates (NNDR) and Council Tax Collection, as outlined within Appendix B to the report.
4. The Council’s Capital Programme performance as outlined in section 4.6.

Reasons for the decision

To ensure members of the Cabinet are abreast of the Councils current year forecast Outturn Position for 2023/24.

Alternative options considered

Not Applicable - Performance report, item for information.