Decision

1. The latest financial position be considered;
2. That a projected net overspend on services of £6,137k forecast based on information as at June 2023 be noted;
3. The comments from Chief Officers detailed in Appendix 2 be noted;
4. The carry forwards being requested for drawdown as set out in paragraph 3.3 of the report be noted;
5. A projected reduction to the General Fund balance of £445k as detailed in section 3.4 be noted;
6. The full year cost pressures of £9.750m as detailed in section 3.5 be noted;
7. The release of funding from the 2023/24 central contingency as detailed in paragraphs 3.2.2 to 3.2.15 be agreed;
8. The use of the Homes for Ukraine grant in para. 3.9 be noted;
9. Any issues that should be referred to individual Portfolio Holders for further action be identified;
10. Council be requested to:

(a) agree a sum of £1.8m be drawn down from the 2023/24 contingency as detailed in paragraph 3.2.2.

(b) agree a sum of £4.25m be transferred to the capital programme as detailed in paragraph 3.2.15.