Quarter 2 Financial Report 2023/24
October 16, 2023 Cabinet (Cabinet collective) Key decision Approved View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
Brent Cabinet approved the Quarter 2 Financial Report 2023/24 on 16/10/2023. The Cabinet noted the financial position, savings delivery tracker, and Prudential Indicators. They approved virements and agreed to make new loan facilities of up to £2.31m available to First Wave Housing for the Refugee Housing Programme.
Full council record
Purpose
This report sets out the current forecast of income and expenditure against the revenue budget for 2023/24 and other key financial data.
Decision
Cabinet RESOLVED:
(1) To note the overall financial position and the actions being taken to manage the issues arising.
(2) To note the savings delivery tracker in Appendix A of the report.
(3) To note the Prudential Indicators set out in Appendix B of the report.
(4) To approve the virements set out in section 3.9.10 of the report.
(5) To agree for new loan facilities of up to £2.31m to be made available to First Wave Housing for the Refugee Housing Programme, as set out in section 4.5.2 of the report.
Eligible for call-in: Yes
Deadline for submission of call-in: 6pm on Monday 23 October 23
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 16 Oct 2023 |