Decision details

RESOLVED:

(1)   That Cabinet noted this report.

(2)   That Cabinet approved 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 approved 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.

RECOMMENDED TO COUNCIL:

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

REASONS FOR DECISIONS:

(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.