Purpose

To report the revenue outturn position of the
Council for 2022/23 financial year highlighting the effective
management of the Council’s finances to ensure value for
money for council tax payers, housing tenants and
schools.

Content

RESOLVED that the
Executive:
 
1)   
noted the outturn position of the revenue budget and
the level of balances in respect of the General Fund, Housing
Revenue Account and Dedicated Schools Grant.

 
2)   
agreed the General Fund carry forward requests of
£317k as set out in Appendix B to the report. This request is
lower than in the previous year where carry forwards were
£667k.
 
3)   
noted the general fund balance as at 31 March 2023
is c£9.1m, this balance remains in line with the reasonable
level of balances set out in the general fund reserves policy
statement as part of the Medium Term Financial Plan.