Decision details

Financial Outturn Position 2023/2024

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Note the 2023/24 year-end financial position, based on the unaudited Statement of Accounts and the movement in earmarked reserves
Approve the transfers with subsequent financial years, for the range of capital schemes, with under and overspends analysed.
Approve the finalised outturn position for Treasury Management Prudential Indicators.
Approve the itemised revenue budget virements.

Decision:

RESOLVED that

 

1.    The final revenue and capital outturn position for 2023/24 and the factors driving the position be noted;

2.    The outturn position for Treasury Management prudential indicators as

set out in Appendix 4 (not reproduced) be approved;

3.    The itemised revenue virements as set out in Appendix 5 (not reproduced) be approved;

4.    The reprofiling of capital budgets as included in Appendix 3 (not reproduced) into 2024/25 be approved; and,

5.    The further work being undertaken to try to address and mitigate the

financial pressures facing the council be noted.

Report author: Phil Winstanley

Publication date: 23/07/2024

Date of decision: 23/07/2024

Decided at meeting: 23/07/2024 - Cabinet

Effective from: 02/08/2024

Accompanying Documents: