Purpose

To recommend to Council to  approve in principle, the carry forward of
estimated revenue budget amounts from 2022/23 to 2023/24.

Content

Matter for Decision

 

This report presents details of any anticipated variances
from budgets, where resources are requested to be carried forward into the 2023/24
financial year in order to undertake or complete activities which were
originally intended to take place in 2022/23.

 

Decision of the Executive Councillor for Finance,
Resources, Transformation and Non-Statutory Deputy Leader:

 

·       Agree the provisional carry forward
requests, totalling £351,070 as detailed in Appendix A, are recommended to
Council to approve, subject to the final outturn position.

Reason for the Decision

 

As set out in the Officer’s report.

 

Any Alternative Options Considered and Rejected

 

Not applicable.

 

Scrutiny Considerations

 

The Head of Finance introduced the report.

 

The Head of Finance said the following in response to
Members’ questions:

 

     
i.         
Justification
of why funds were not spent were listed in the report as it goes through each
item.

     
ii.         
Had
discussions with the University of Cambridge regarding the Mill Lane
redevelopment proposal. Officers were discussing how this may be incorporated
with their wider scheme. This had not progressed at this moment. Would continue
to work with the University to see when they wish to proceed, as officers
believe they would in the future.

The scrutiny committee unanimously approved the
recommendations.

 

The Executive Councillor for Finance, Resources and Transformation
and Non-Statutory Deputy Leader approved the recommendations.

 

Conflicts of Interest Declared by the Executive Councillor (and any
Dispensations Granted)

 

No conflicts of interest were
declared by the Executive Councillor.