Purpose

2022/23
Provisional General Fund Revenue and Capital Outturn

Content

Council 
 

Agreed         
to
 
A)      
Acknowledge the 2022/23 general fund revenue outturn position and
the net underspend (after income from Taxation and Government
Grants) in the year of £1.099 million as summarised in
Appendix A, and the explanations provided for the variances
compared to the revised 2022/23 revenue budget;
 
B)      
Acknowledge the consequent increase in the General Fund as
at 31 March 2023 of £3.258m to
around £18.4m;
 
C)      
Approve the carry forwards of £0.316 million in relation to
General Fund revenue projects which were not undertaken during the
year as planned.
 
D)      
In relation to the Capital Programme:

(i)      
Note the 2022/23 capital outturn of £15.520 million.

(ii)     
Acknowledge the performance achieved in relation to the Capital
Programme schemes substantially completed in 2022/2023, summarised
in Appendix B.

(iii)    
Approve the carry forwards of £3.720 million in relation to
General Fund capital projects due mainly to slippage.

(iv)   
To note that a full review of the Capital Programme will be
submitted to Cabinet at its December 2023 meeting to include
re-phasing of the existing programme and new Capital bids for the
next budget cycle.