Purpose

Budget Monitoring 2023/24 Provisional Outturn

Content

DECISION
 

1.   
Note the council’s position and consequent provisional
outturn as at 31st March 2024, against
General Fund Budget (£0.3m underspend) Dedicated Schools
Grant Budget (£1.5m overspend), Housing Revenue Account
(£5.2m overspend). 

 

2.   
Note the actions taken to date to address the demand
pressures as set out in Appendix A, Section 3.2 of the report.
 

3.   
Note the progress made against the 2023/24 savings targets,
based at 31st March 2024.
 

4.   
Note the council’s provisional outturn position against
General Fund and Housing Revenue Account capital programme approved
budgets for 2023/24, based on provisional outturn at
31st March 2024.
 

5.   
Approve the net slippages of £8.9m and net overspends of
£1.7m across the General Fund capital programme and net
slippages of £10.6m and net underspends of £0.9m across
the Housing Revenue Account capital programme as detailed in
section 3.18 and 3.19 of the report.
 

6.   
Note that there are no equalities implications directly
resulting from this report, as set out in Section 4 of the
report.
 
Action by
CORPORATE DIRECTOR RESOURCES (J.
LORRAINE)
Director of Finance, Procurement and Audit (A.
Kassim)