Issue - meetings

To consider a report of the Portfolio Holder for Finance, Commercial and Capital Strategy.

(a)           That the Senior Leadership forecast of the full year’s outturn for the council, made at the end of Quarter 1, including progress of the transformational and tactical savings incorporated into the budget, be agreed.

(b)           That the capital programme for 2023/24 be noted.

Reason for the decision

The Council had responsibilities to deliver within its corporate plan and it must do this within the resources made available through the revenue and capital budgets for 2023/24.  This report summarised the Council’s forecast financial performance for the year at the end of the first quarter.

The Portfolio Holder for Finance, Commercial and Capital Strategy presented the Council’s projected financial performance for the full 2023/24 financial year, being made at the end of quarter 1.

In response to a question regarding Council Tax arrears, the Portfolio Holder for Finance, Commercial and Capital Strategy advised that the collection and recovery process would continue to improve following an extended period of closure and delay.

It was proposed by Cllr G Suttle seconded by Cllr J Haynes

Decision

(a)           That the Senior Leadership forecast of the full year’s outturn for the council, made at the end of Quarter 1, including progress of the transformational and tactical savings incorporated into the budget, be agreed.

(b)           That the capital programme for 2023/24 be noted.

Reason for the decision

The Council had responsibilities to deliver within its corporate plan and it must do this within the resources made available through the revenue and capital budgets for 2023/24.  This report summarised the Council’s forecast financial performance for the year at the end of the first quarter.