Issue - meetings

AGREED recommendations.

Reasons for the decision – as detailed in the report

Other options considered – none

Conflicts of interest / dispensations granted – none

RESOLVED:

(a) To note the breakdown of the forecast General Fund outturn by variance at Appendix 1 and service area at Appendix 2 of the report of the Executive Member for Finance, Planning and Performance.

(b) To note the overall 2022/23 GF net break-even position after application of reserves and contingencies.

(c) To approve the inter-departmental virements as at month 12, detailed in Appendix 2 of the report.

(d) To agree the creation of new reserves, the outturn transfers to/from reserves, the movements between reserves and the provisional GF and HRA reserves balances, and to delegate authority to the Section 151 Officer to agree any further movements to/from reserves related to finalising the 2022/23 Statement of Accounts.

(e) To agree the drawdowns from the corporate transformation fund in 2022/23.

(f) To note the Collection Fund monitoring position at month 12.

(g) To note the Energy Price Analysis summary as at month 12.

(h) To note progress on delivering the 2022/23 savings.

(i)  To note the HRA in-year deficit of (+£12.987), fully funded from a lower contribution to HRA reserves than planned in the original budget.

(j) To note the 2022/23 capital outturn and financing of the 2022/23 capital programme.

(k) To approve the re-profiling of the 2022/23 capital outturn budget variances into the 2023/24 capital programme, with the exception of variances that are underspends rather than reprofiling in nature, and to delegate authority to the Section 151 Officer to agree any further capital financing adjustments related to finalising the 2022/23 Statement of Accounts.

Reasons for the decision – to ensure the financial resilience of the Council

Other options considered – none

Conflicts of interest / dispensations granted – none.