Purpose

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

Content

1.         That the
General Fund Revenue Account (GFRA) draft outturn of
(£0.442m) against budget be noted, together with the
management actions set out at Annex Ato the report.

2.         That the
GFRA savings of £7.201m that have been achieved in year (91%
of budget) be noted, which is set out in Annex B to the
report.

3         
That the provisional outturn for the Housing Revenue Account (HRA)
is an underspend of (£3.460m), which has been offset through
an increase in the transfer to reserves be noted, together with the
management actions set out at Annex C to the report.

4.         That the
Dedicated Schools Grant surplus carry forward of £6.910m be
noted, together with the management actions set out at Annex Dto
the report.

5.         That the
reserves position, as detailed in Annex E, be
noted.

6.         That the
outturn position on the 2023/24 Capital Programme as an underspend
of (£3.740m) after financing adjustments of
£31.004m in 2023/24 and slippage of £53.236m be noted,
as detailed in
Annex F to the report.

7.         That the
outturn position of the 2023/24 Tariff Programme, as detailed in
Annex Gto the report, be noted.

8.         That the
debt position of the Council at the end of Quarter 4, as detailed
in Annex H to the report, be noted.

9.         That the
Write-off of one debt that is unrecoverable which exceed
£50,000, as detailed in Annex H to the report, be
approved.

10.       That the Treasury
Management report including prudential indicators, as detailed in
Annex Ito the report, be noted.

11.       That the virements
to the original budget, as detailed in Annex J to the report, be
noted.

12.       That the outturn
position on the Collection Fund, as detailed in Annex Kto the
report, be noted.

13.       That Cabinet
approve the additions and amendments to
resource allocation and spend approval for the 2024/25 Capital
Programme, as set out in Annex L to the report.

14.       That the additions
and amendments to the Tariff Programme, detailed in Annex M to the
report, be noted.