Decision details
2022/23 Q2+ Budget Monitoring Update (Non-Key)
PDF 207 KBDecision Maker: Cabinet
Decision status: For Determination
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
The purpose of the report is to provide an
update on the revenue budget forecast
outturn for the period to the end of November 2022 (Quarter 2+).
The report also provides
an update on the Dedicated Schools Grant, Housing Revenue Account
(HRA) and
updates to the Capital Programme.
Decision:
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 2023/24 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 positions for 2022/23 as at Quarter 2+;
(3) Note the update on the Council’s positive investments;
(4) Note the update on Reserves;
(5) Note the Dedicated Schools Grant, and Housing Revenue Account positions for 2022/23 as at Quarter 2+;
(6) Note the forecast position for the 2022/23 Capital Programme; and
(7) Note the changes to the Capital Programme and re-phasing of schemes during Quarter 2+.
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: CAB365
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, Susan Wood Email: susan.wood@stockport.gov.uk.
Report author: Michael Shields
Publication date: 01/02/2023
Date of decision: 31/01/2023
Decided at meeting: 31/01/2023 - Cabinet
Effective from: 08/02/2023
Accompanying Documents: