Purpose

To provide the Council’s outturn
position for 2022-2023 compared with approved budgets and targets
and performance update against the Relighting Our City
priorities

Content

That Cabinet notes:
1.     
The Council has once again managed its money well and delivered
within budget - despite hugely challenging
circumstances.  Overall, the revenue
position for 2022-2023 is within budget, after meeting the net costs of redundancy
and pension strain and contributions to essential earmarked
reserves.  
 
2.     
That the Housing Revenue Account (HRA) revenue outturn for the year
was in a balanced position at the end of the year after making
provision for debt redemption and capital financing of £15.4
million in line with the budget and transferring £247,000 to
the HRA reserve.
 
3.     
The Reserves and Provisions report on this same agenda provides an
update on the reserves and provision held by the Council as at 31
March 2023.
 
4.     
That, during Quarter 4, 803 council tax accounts totalling
£312,615.59, as detailed in Appendix 5 to the report, have been approved
for write-off by the Director of Finance in accordance with the
Council’s Financial Procedure Rules.
 
5.     
That, during Quarter 4, 37 Non-Domestic Rates (NDR) debts totalling
£103,890.47, as detailed in Appendix 5 to the report, have been
approved for write-off by the Director of Finance in accordance
with the Council’s Financial Procedure Rules.
 
6.     
That, during Quarter 4, 16 housing benefit overpayments totalling
£11,021.45 as detailed in Appendix 5 to the report, have been
approved for write-off by the Director of Finance in accordance
with the Council’s Financial Procedure Rules.
 
7.     
That, during Quarter 4, 1030 sundry debt accounts totalling
£222,444.37, as detailed in Appendix 5 to the report, have
been approved for write-off by the Director of Finance in
accordance with the Council’s Financial Procedure
Rules.
 
8.     
The performance against the key indicators as set out in Appendix 1
to the report.
 
That Cabinet approves:
1.   
The Strategic Risk Register as detailed in Appendix 10 to the
report.
 
2.   
The write-off of seven Sundry Debts totalling £192,157.41 as
detailed in Appendix 6 to the report.
 
3.   
The write-off of four Council Tax Debts totalling £30,303.52
as detailed in Appendix 7 to the report.
 
4.   
The write-off of five Non-Domestic Rates (NDR) Debts totalling
£50,897.90 as detailed in Appendix 8 to the report.
 
5.   
The write-off of one Housing Benefit Debts totalling
£15,076.60 as detailed in Appendix 9 to the report.