Purpose

To provide the financial outturn for 2023/24

Decision

RESOLVED that Cabinet: -

(a)           Noted the outturn position for 2023/24; and

(b)          Agreed the acceptance of grants up to £1m as set out in Appendix C.

Voting: Unanimous

Portfolio Holder: Finance

Reasons

To comply with accounting codes of practice and best practice which requires councils to regularly monitor the annual budget position and take any action to support the sustainability of the council’s financial position.

To comply with the council’s financial regulations regarding capital virements and acceptance of grants.