Decision details

RESOLVED that Cabinet:

A      Endorses the outturn position for 2023/24 of £244,000 surplus, as set out within the report in respect for General Fund year ending 31 March 2024

B      Endorses the outturn position for 2023/24 of £1,023,000 deficit as set out within the report in respect for Housing Revenue Account year ending 31 March 2024.

C      Endorses the Non Housing Capital Programme (NHCP) outturn for 2023/24 is £26.071million and the Housing Capital Programme (HCP) outturn for 2023/24 is £64.633 million as set out in the report.

D      Endorses the Earmarked Reserves summary in Appendix E and Delegated authority is given to Deputy section 151 Officer, in consultation with the Portfolio Holder for Finance to agree the final reserve position upon completion of the Statement of Accounts 2023/24.

E      Approves £144,000 from the general fund surplus to be contributed to a transformation earmarked reserve for identified projects within the transformation programme.

F       Approves £100,000 from the general fund surplus to be contributed to a climate change earmarked reserve to support the delivery of the climate change action plan.

G      Approves the Period 12 reprofiling into 2024/25 within the Non-Housing and Housing Capital Programmes included within Appendices C and D.

H      Approves the carry forward of resources from 2023/24 to 2024/25 as set out in Appendix F.