Issue - decisions

2023/24 Quarter 2+ Budget Monitoring Update

31/01/2024 - 2023/24 Quarter 2+ Budget Monitoring Update (Non-Key)

The Cabinet has considered the Quarter 2+ revenue forecast outturn including an update on the Dedicated Schools Grant, Housing Revenue Account, Collection Fund, updates to the Capital Programme and budget virements to be incorporated into the 2024/25 budget setting process, and has agreed to:-

 

(1) Approve the virements to the Revenue Budget.

 

(2) Note the cash limit and non-cash limit forecast outturn positions for 2023/24 as at Quarter 2+.

 

(3) Note the DSG, HRA and Collection Fund forecast outturn positions for 2023/24 as at Quarter 2+.

 

(4) Note the update on Reserves.

 

(5) Note the update on the council’s medium term financial position.

 

(6) Note the forecast position for the 2023/24 Capital Programme.

 

(7) Note the changes to the Capital Programme and re-phasing of schemes during Quarter 2+.

 

(8) Note the 2023/24 Capital Programme Prudential Indicators.