Decision details
2022/23 Q1+ Budget Monitoring Update (Non-Key)
PDF 123 KBDecision Maker: Cabinet
Decision status: For Determination
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
This report provides an important update on
the Council’s financial position as at Quarter 1+ in relation
to its 2022/23 revenue budget and capital programme. The report
also includes an update on the Dedicated Schools Grant and the
Housing Revenue Account (HRA). This report presents an overall
forecast position for 2022/23, including summary of the Q1+
forecast position for each Portfolio. The Cabinet will be asked to
approve the virements to the revenue budget and note the forecast
positions for 2022/23 as at Q1+ and note the changes to the capital
programme and re-phasing of schemes during Quarter 1+.
Decision:
The Cabinet has considered an update on the revenue budget forecast outturn for the period to the end of July 2022 (Quarter 1+) which included an update on the Dedicated Schools Grant, Housing Revenue Account and updates to the Capital Programme, and has:-
· approved the virements to the Revenue Budget;
· noted the Cash Limit and Non-Cash Limit forecast positions for 2022/23 as at Quarter 1+;
· noted the HRA and DSG forecast positions for 2022/23 as at Quarter 1+;
· noted the forecast position for the 2022/23 Capital Programme; and
· noted the changes to the Capital Programme and re-phasing of schemes during Quarter 1+.
Alternative options considered:
None.
Interests and Nature of Interests Declared:
None.
Wards Affected: (All Wards);
Equality and/or Environmental Impact Assessment: n/a
Decision Reference: CAB400
Declarations or conflicts of Interest: None.
Other reasons / organisations consulted
n/a
Contact: Jonathan Davies, Corporate and Support Services Email: jonathan.davies@stockport.gov.uk Tel: 218 1025.
Report author: Lisa Joy
Publication date: 03/10/2022
Date of decision: 28/09/2022
Decided at meeting: 28/09/2022 - Cabinet
Effective from: 08/10/2022
Accompanying Documents: