Issue - meetings

The purpose of this report is to set out the projected outturn position for 2023/24 including any under/over spends and adjustments, along with requests to re-profile budgets to/from current and future years.

Recommended:

                                i.         To Full Council the adjustments resulting in a decrease in the 2023/24 budget of £13.009m as detailed in the report and contained in Annex A.

Resolved:

                      i.         Noted the 2023/24 revised budget of £135.736m as set out in paragraph 6 and Table 1;

                    ii.         Noted the restated capital programme for 2023/24 – 2027/28 as set.

Reason:    To enable the effective management and monitoring of the Council’s capital programme.

The Chief Finance Officer introduced the report outlining the projected outturn position for 2023/24. She confirmed that a proposed decrease of £13.009m was detailed in the monitor resulting in a revised capital programme for 2023/24 of £135.736m.

The Executive considered the recommendation in the report and agreed to recommend to Full Council the adjustments in the capital programme.

Resolved:

                   i.        Noted the 2023/24 revised budget of £135.736m as set out in paragraph 6 and Table 1;

                  ii.        Noted the restated capital programme for 2023/24 – 2027/28 as set.

Reason:    To enable the effective management and monitoring of the Council’s capital programme.