Issue - decisions

FIRST QUARTER REVENUE BUDGET MONITORING 2023/24

15/09/2023 - FIRST QUARTER REVENUE BUDGET MONITORING 2023-24

RECOMMENDED TO CABINET:

 

(1)   That Cabinet note this report.

 

(2)   That Cabinet approves the changes to the 2023/24 General Fund budget, as identified in table 3 and paragraph 8.2, a £1.119million decrease in net expenditure.

 

(3)   That Cabinet notes the changes to the 2024/25 General Fund budget, as identified in table 3 and paragraph 8.2, a total £270k increase in net expenditure. These will be incorporated in the draft revenue budget for 2024/25.

 

REASONS FOR REFERRAL: 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.