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+.