Decision details

Decisions consequential to the monitoring of expenditure in 2023/24 (if any).

To approve:

•           Transfers between departmental budgets and reserves as detailed in the report, including the council’s share of the rates pool outturn;

•           Budget reductions detailed in the report; and delegate authority to the Director of Finance to determine the specific budget ceilings affected.

•           Transfer of departmental reserves to managed reserves as set out in the report,

•           Delegation to the Director of Finance authority to use these sums for the purpose for which they are currently held.

The City Mayor and Overview Select Committee receive a report on the forecast revenue budget position regularly throughout the year, as well as this outturn report at the end of the year. These decisions are consequential to the monitoring exercise.

Not applicable.