Decision

Decision
RESOLVED
 
a)  The
provisional outturn position for the General Fund revenue account
for 2023/24 (as shown in Appendix A);
b)  The transfers to and from reserves as detailed
within the report (and Appendix C) along with the corresponding
updates to the 2024/25 budget;
c) The deficit
of £0.937m relating to service overspends be funded from the
General Reserve (£0.737m) and the Treasury Management Reserve
(£0.200m);
d) The balance
on the General Reserve of £2.148m
d)  The surplus of £2.1m relating to retained
business rates be transferred to the Business Rates
Reserve;
e) The financing
of the 2023/24 capital programme as detailed within the report and
at Appendix D.
f) The updated
capital programme for 2024/25 to 2026/27 and scheme financing as
outlined within the report and detailed at Appendix
E;
g) The
roll-forward requests as shown in paragraph 5.5.
 
h) Approval of
additional funding to cover capital project overspends of
£0.429k as detailed in paragraph 6.7.
 
Reason for the
recommendations:
 
To provide a draft outturn
position for the General Fund, Capital Accounts and Reserves which
will form the basis to produce statutory accounts for 2023/24. Also
to provide a draft opening position for the financial year
2024/25.