Issue - meetings

Cabinet recommended to Full Council that itapproved the Budget allocations identified for 2023/24 within the Housing and Non-Housing Capital

Programmes included within Appendices C and D to the report.

Full Council received a referral from Cabinet on the Quarter 2 Financial Performance report.

Proposed by Councillor James Leppard (seconded by Councillor Dan Swords) it was:

RESOLVED that Full Council approved the Budget allocations identified for 2023/24 within the Housing and Non-Housing Capital Programmes included within Appendices C and D to the report.

RESOLVED that Cabinet:

A    Noted the forecast outturn position set out within the report in respect of the General Fund as at the end of quarter 2 (April – September) of 2023/24 with a projected favourable variance of £145,000.

B    Noted the forecast outturn position set out within the report in respect of the Housing Revenue Account as at the end of quarter 2 (April – September) of 2023/24 with a projected adverse variance of £543,000.

C    Noted the forecast outturn position set out within the report in respect of the Non-Housing Capital Programme as at the end of quarter 2 (April – September) of 2023/24 with a projected adverse variance of £0.383 million.

D    Noted the forecast outturn position set out within the report in respect of the Housing Capital Programme as at the end of quarter 2 (April – September) of 2023/24 with a projected favourable variance of £8.994 million.

E     Approved the Period 6 reprofiling into 2024/25 within the Housing and Non-Housing Capital Programmes included within Appendices C and D to the report.

F     Recommends to Full Council the approval of the Budget allocations identified for 2023/24 within the Housing and Non-Housing Capital Programmes included within Appendices C and D to the report.

G    Approved the virements for the Non-Housing and Housing Capital Programme identified within the tables included in paragraphs 19 and 27 of the report.

Cabinet received the Quarter 2 Financial Performance report for 2023/24.

The Leader said he would provide Councillor Vince with more information about the variance for the Playhouse sound system.

Proposed by Councillor James Leppard (seconded by Councillor Dan Swords) it was:

RESOLVED that Cabinet:

A    Noted the forecast outturn position set out within the report in respect of the General Fund as at the end of quarter 2 (April – September) of 2023/24 with a projected favourable variance of £145,000.

B    Noted the forecast outturn position set out within the report in respect of the Housing Revenue Account as at the end of quarter 2 (April – September) of 2023/24 with a projected adverse variance of £543,000.

C    Noted the forecast outturn position set out within the report in respect of the Non-Housing Capital Programme as at the end of quarter 2 (April – September) of 2023/24 with a projected adverse variance of £0.383 million.

D    Noted the forecast outturn position set out within the report in respect of the Housing Capital Programme as at the end of quarter 2 (April – September) of 2023/24 with a projected favourable variance of £8.994 million.

E     Approved the Period 6 reprofiling into 2024/25 within the Housing and Non-Housing Capital Programmes included within Appendices C and D to the report.

F     Recommends to Full Council the approval of the Budget allocations identified for 2023/24 within the Housing and Non-Housing Capital Programmes included within Appendices C and D to the report.

G    Approved the virements for the Non-Housing and Housing Capital Programme identified within the tables included in paragraphs 19 and 27 of the report.