Decision Details

1. To receive an overview of Council’s Financial performance, comparing the actual expenditure and income position at the end of Quarter three (April – December 2023), to the approved General Fund budget for 2023/24 for both Revenue and Capital. 

2. To receive a summary of the Housing Revenue Account’s (HRA) Revenue and Capital Position at the end of December 2023, which includes a forecast position of reserves.   

3. To receive a detailed summary of the key risks highlighted within 2023/24, which may lead to future General Fund and HRA financial implications over the duration of the Medium Term Financial Strategy (MTFS).  

1. That the Council’s financial position for the period April – December 2023 against the profiled General Fund budget, and the forecast position for the end of the year, be noted.

2. That the approved budget change variations following the original 2023/24 budget approval in February 2023 and the impact on the General fund for 2023/24 be noted.

3. That the areas of financial risk identified, the impact of which is reflected in the Medium-Term Financial Strategy, be noted.