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(1)     that the outturn position for
the 2023/24 financial year is received and referred to the Budget
and Corporate Scrutiny Management Board for consideration and
comment;
 
(2)     that in respect of the Revenue
Budget, the outturn position of an underspend of (£6.002m)
for the General Fund is received;
 
(3)     that in respect of the Revenue
Budget the following outturn variances from budget in relation to
ring-fenced funding is received:
·     
An underspend of (£1.367m) for the Housing Revenue Account,
prior to ‘below the line’ transactions such as
depreciation and capital adjustments being carried out;
 
·     
An underspend of (£0.673m) for the Dedicated Schools
Grant.
 
(4)     that in respect of the Revenue
Budget approval is given for the transfers to and from General Fund
and Individual Schools Balances reserves for the 2023/24 financial
year, as set out in appendix 2;
 
(5)     that in respect of the Revenue
Budget, Approval is given to enable on completion of the closedown
process for the Housing Revenue Account, that any outturn
surplus/deficit is transferred to/from the Housing Revenue Account
reserve;
 
(6)     that in respect of the Capital
Programme, approval is given for the addition of £1.465m
Department for Education Devolved Formula Capital grant to the
General Fund Capital Programme for 2023/24, to fund additional
expenditure incurred by schools on capital projects during the
year;
 
(7)     that in respect of the Capital
Programme, the outturn expenditure for the General Fund as per
appendix 3, representing 43% of the revised budget for 2023/24 is
received;
 
(8)     that in respect of the Capital
Programme, approval is given to the addition of £3.745m
additional budget to the HRA Capital Programme for 2023/24;
 
(9)     that in respect of the Capital
Programme the outturn expenditure for the Housing Revenue Account
as per appendix 4, representing 61% of the revised budget for
2023/24 is received.