Decision details

RECOMMENDED TO CABINET:

(1)   That Cabinet note this report.

(2)   That Cabinet approves a decrease of £920k in the 2022/23 net General Fund expenditure, as identified in table 4 and paragraph 8.1, to a total of £15.818million.

(3)   That Cabinet approves the changes to the 2023/24 General Fund budget, as identified in table 3 and paragraph 8.3, a total £47k decrease in net expenditure.

That Cabinet recommends to Council.

(4)   That Council approves the net transfer from earmarked reserves, as identified in table 9, of £5.274million

REASONS FOR REFERRALS:

(1)   Members are able to monitor, make adjustments within the overall budgetary framework and request appropriate action of Services who do not meet the budget targets set as part of the Corporate Business Planning process.

(2)   Changes to the Council’s balances are monitored and approved.