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RESOLVED
 

(1)          
That Cabinet noted the outturn position in respect
of the 2022/23 financial year.

 

(2)          
That Cabinet approved the proposed carry forward of
capital budgets detailed in Appendix 4 totalling
£10.783m.
 
REASONS FOR DECISION – To appraise
Cabinet of the Council’s financial management during 2022-23,
and to enable specific capital budgets to be carried forward into
the current financial year.
 
OTHER OPTIONS CONSIDERED AND REJECTED – The
financial outturn report was primarily a factual report, detailing
the actual position compared to previously approved budgets.
Consequently, there were no alternative options to be considered.
The allocation of resources to earmarked reserve accounts was
undertaken in line with the Council’s Policy and Service
Delivery Framework and in the light of the risks and issues facing
the Council over the period of the current Medium Term Financial
Plan (MTFP).
 
Please note
that this was not a Key Decision so can be implemented by officers
with immediate effect.