Decision details

The Cabinet will be asked to consider the projected position of the Council’s revenue and capital budgets for 2022/23 and, if necessary, consider proposals for in-year adjustments aimed at achieving a balanced budget position at the year end.

Cabinet resolved to:

(i)  Note the projected revenue outturn forecast for the 2022/23 financial year as set out in section 2 and Appendix A of the report;

(ii)  Approve the revised Capital Programme for 2022/23, including carry forwards to 2022/23, as set out in section 4 and Appendices B and D of the report;

(iii)  Note the capital expenditure at 30 June 2022 (Quarter 1) as set out in Appendix C of the report; and

(iv)  Endorse the Council’s submission for UKSPF funding as set out in section 5 of the report and delegate authority to the Strategic Director, Inclusive Growth, in consultation with relevant Cabinet Members and the Strategic Director, Finance and Investment, to allocate and oversee spending in line with the Council’s priorities.