Purpose

To consider the Council’s financial
forecast outturn position for Quarter 1 2023/24 and amendments to
the Capital Programme.

Content

RESOLVED:
1.            
That the GFRA forecast outturn of £4.019m against budget be
noted, together with the management actions set out in the
report.
2.            
That GFRA savings of £7.490m savings are forecast to be
achieved (95% of budget) be noted, which is set out in the
report.
3.            
That the forecast outturn for the HRA is an underspend of
£1.265m, which has been funded through an increase in the
transfer to reserves be noted, together with the management actions
set out in the report.
4.            
That the DSG forecast surplus carry forward of £6.037m be
noted, together with the management actions set out in the
report.
5.            
That the reserves position as detailed in the report be noted.
6.            
That the forecast outturn on the 2022/23 Capital Programme is an
underspend of £1.004m after proposed slippage of
£21.053m as detailed in the report be noted.
7.            
That the forecast outturn position of the 2022/23 tariff programme
as detailed in the report be noted.
8.            
That the debt position of the Council at the end of quarter 1 as
detailed in the report be noted.
9.            
That the Write-off of an unrecoverable debts that exceeds
£50,000 as detailed in the report be approved.
10.       
That the Treasury Management report including prudential
indicators, as detailed in the report be noted.
11.       
That the virements to the original budget as detailed in the report
be approved.
12.       
That the current position on the Collection Fund as detailed in the
report be noted.
13.       
That the procurement waiver decisions as detailed in the report be
noted.
14.       
That the additions and amendments to resource allocation and spend
approval for the 2023/24 capital programme and Tariff Programme as
detailed in the report be approved.