Content

8.1

This report brings the Committee up to date
with the Council’s final outturn position for 2022/23
including General Fund revenue position, Housing Revenue Account,
and Capital Programme Monitoring (Appendix 1). The report also
provides an update of the Council’s Treasury Management
activity in 2022/23 and sets out expectations for the coming of the
year (Appendix 2).

 

 

8.2

RESOLVED UNANIMOUSLY: That Finance
Committee:-
 
(a) 
note the updated information and management actions provided by
this report on the 2022/23 Revenue Budget Outturn as described in
this report;

 
(b) 
note the updated information and management actions provided by
this report on the 2022/23 Capital Programme Monitoring as
described in Appendix 1;

 
(c)  
note the annual Treasury Management Outturn report for 2022/23 as
described in Appendix 2; and

 
(d) 
approve the revenue budget carry forward requests for 4 items:
 
             
I.         
£239k Local Area Committee & Ward Pots;

 
           
II.         
£259k Displaced general fund carried forward as a result of
Team Around the Person funding from ICB spent in 2022/23;

 
         
III.         
£200k Youth – this proportion relates to the amount
underspent on the Voluntary Sector grants in 2022/23; and

 
         
IV.         
£300k in the Housing General Fund for Registration Regulation
that was initially allocated in 21/22 to fund staff to undertake
enforcement work in Private Sector Housing.

 

 

8.3

Reasons for
decisions

 

 

8.3.1

To record formally changes to the Revenue
Budget and the Capital Programme.

 

 

8.4

Alternatives
Considered and Rejected

 

 

8.4.1

The Council is required to both set a balance
budget and to ensure that in-year income and expenditure are
balanced. No other alternatives were considered.