Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Updated revenue and capital forecasts for
2023/24 based on the information available at the end of September
2023.
That Cabinet:
1. Notes the forecast overspend of £4.856m (1.3%) that would need to be funded from the Directorate and General Risk Reserves at the end of 2023/24;
2. Notes the forecast delivery of savings for 2023/24 of £6.609m, and the consequent shortfall against the target;
3. Notes the action plan developed by Corporate Board, to address service overspends in 2023/24 and mitigate their medium-term impact;
4. Notes the forecast capital spend for 2023/24 of £162.117m; and
5. Notes and approves the movement in the forecast spend on the capital programme of £28.664m from 2023/24 into future years and notes the carry forward of Corporate schemes of £0.150m and S278 contributions of £6.830m.
Report author: Natalia Hodgetts
Publication date: 10/11/2023
Date of decision: 09/11/2023
Decided at meeting: 09/11/2023 - Cabinet
Effective from: 18/11/2023
Accompanying Documents: