Purpose

The purpose of this report is to show the position
of the Revenue Budget at the end of 2022/23.
 
 

Decision

Approve the following earmarked
reserve changes:
 

a)   
transfer the amounts in City Development and
Neighbourhoods, as detailed in Appendix B of the report, at paras
6.6, 7.1, 8.1, and 11.2 to reserves.

b)   
transfer the amounts in Adult Social Care as
detailed in Appendix B, para 13.4.

c)   
transfer the amounts to the Social Care Reserve as
detailed in Appendix B, para 14.5.

d)   
transfer the amounts between the City Development
and Neighbourhoods reserve and Managed Reserves, as detailed in
Appendix D, para 4.5.

e)   
transfer £5.5m from the insurance fund to the
capital programme reserve as detailed in Appendix D, para
5.4.

f)    
transfer £4.4m from the Managed Reserves
Strategy to fund the 2022/23 overall overspend and balance the
outturn position
 
Approve the reductions to
budgets described at Appendix C of the report, delegate authority
to the Director of Finance to determine the specific budget
ceilings affected, and transfer the resulting saving in 23/24 to
the Managed Reserves Strategy