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RESOLVED –
 
That
Cabinet recommend to Council:
 

(1) 
The budget in respect of the General Fund as set out
in Appendix 1 of the report be approved as the Current Budget for
2023/24.
 

(2) 
The budget in respect of the HRA as set out in
Appendix 3 of the report be approved as the Current Budget for
2023/24.
 

(3) 
The Capital Programme as set out in Appendix 4 of
the report be approved as the Current Budget for
2023/24.
 
REASONS FOR DECISION – To prepare
revised budgets as early as possible within the financial year to
provide sufficient time to allow any planned changes to be
delivered. The Council has faced financial challenges this year,
putting pressure on the ability to set a balanced General Fund
budget but careful budget management, use of reserves ringfenced
for providing resilience when needed, and the ongoing progression
of the transformation agenda has mitigated this.
 
OTHER OPTIONS CONSIDERED AND REJECTED – There are no alternative options being considered at
this time. How resources are utilised is ultimately a decision
Members will take as part of the 2024/25 Medium Term Financial
Planning process.
 
Please note that this was not a Key Decision so can be
implemented by officers with immediate effect.