Issue - decisions

SECOND QUARTER REVENUE BUDGET MONITORING 2023/24

18/01/2024 - SECOND QUARTER REVENUE BUDGET MONITORING 2023/24

RESOLVED: That Cabinet:

 

(1)   Noted this report.

 

(2)   Approved the adjustments to the 2023/24 General Fund budget, as identified in table 3 and paragraph 8.2, a £475k decrease in net expenditure.

 

(3)   Noted the changes to the 2024/25 General Fund budget, as identified in table 3 and paragraph 8.2, a total £799k increase in net expenditure. These will be incorporated in the draft revenue budget for 2024/25.

 

REASON FOR DECISIONS:  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.