Decision

1
Cabinet noted the provisional financial outturn position
forthe General Fund and Housing Revenue
Account. TheGeneral Fund year-end financial
performance is showinga surplus of
£0.065m and the HRA is showing a deficit of
£2.289m year-end position.
 
Resolved
to Recommend
 
2  recommended to
Council the following reserve
movements:
 
In
respect of 2022/23 financial year:
 Drawdown from the Dacorum
Development reserve for £0.050m for CIL admin costs to cover
the shortfall in income collected for 2022/23 following the
planning moratorium.
 
 Transfer from the Funding
Equalisation Reserve of £2.849m relating to timing
differences on Collection Fund income (Council Tax and Business
Rates) attributable to the Council.
 
 Drawdown from the vehicle
replacement reserve for £0.350m for financing of the Vehicle
Replacement programme
 
 Income collected to fund future
mitigation work of £0.153m to be moved to a SANG
Reserve.
 
 £0.065m surplus in respect
of the General Fund Budget for 2022/23 be moved to the Dacorum
Development Reserve.
 
Resolved
to Recommend
 
3
Recommend to Council to approve the following
slippage on the capital programme:
 
 £3.073m to 2023/24 in
respect of General Fund capital schemes
 
 £5.741m to 2023/24 in
respect of Housing Revenue Account capital schemes.
 
Resolved
to Recommend
 
4
Recommended to Council to approve the following
supplementary Capital budgets for 2022/23:
 
 £0.670m Hemel Garden
Communities projects, funded by government
grant funding received in 2022/23.