Decision details

2023-24 Final Revenue and Capital Outturn Report

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

The purpose of the report was to set out the Council’s financial outturn position for the 2023/24 financial year.

The Leader asked to the Chief Accountant and Deputy S.151 officer to introduce the report in the absence of the Chief Executive.

The Leader informed Cabinet of a revised recommendation wording for recommendation 2. The following revised wording was proposed:

Approve the carry forward of unspent capital budget included in Annex A and paragraph 6.21 of £1.513m into the 2024/25 Capital Programme.

The recommendations as amended were proposed by Councillor Joe Harris and seconded by Councillor Paul Hodgkinson.

RESOLVED: That Cabinet

1. NOTED the outturn financial position set out in this report;

2. APPROVED the carry forward of unspent capital budget included in Annex A and paragraph 6.21 of £1.513m into the 2024/25 Capital Programme;

3. APPROVED the transfers to and from reserves, as set out in Paragraphs 4.28 to 4.30

and Annex C;

4. NOTED the changes to provisions as set out in paragraphs 4.33 and 4.34;

5. APPROVED the closing balance on the Financial Resilience Reserve and the

commitment to fund the Council’s share of the estimated redundancy costs

associated with Phase 1 of the transfer of services from Publica to the Council

(up to £0.300m).

Voting Record

6 For, 0 Against, 0 Abstention, 2 Absent/Did not vote

Report author: Michelle Burge

Publication date: 29/07/2024

Date of decision: 25/07/2024

Effective from: 03/08/2024

Accompanying Documents: