Council
Agreed to
A) Acknowledge the 2022/23 revenue outturn position and the net underspend in the year of £0.473 million, and the explanations provided for the variances compared to the revised 2022/23 revenue budget;
B) Acknowledge the overall decrease in the Housing Revenue Account balance as at 31 March 2023 to £3.878 million;
C) In relation to the Capital Programme:
(i) Note the 2022/23 capital outturn of £21.405 million;
(ii) Acknowledge the performance achieved in relation to the Capital Programme schemes substantially completed in 2022/2023, summarised in Appendix A.
(iii) Approve the carry forward amounts of £3.034 million to 2023/24 in relation to HRA housebuilding during 2022/23, due to slippage.
Cabinet:
1. acknowledged the 2022/23 revenue outturn position and the net underspend in the year of £0.343 million, and the explanations provided for the variances compared to the revised 2022/23 revenue budget,
2. acknowledged the overall decrease in the Housing Revenue Account balance as at 31 March 2023 to £3.749 million, and
3. in relation to the Capital Programme:
i. noted the 2022/23 capital outturn of £21.405 million,
ii. acknowledged the performance achieved in relation to the Capital Programme schemes substantially completed in 2022/2023, summarised in Appendix A to the report, and
iii. approved the carry forward amounts of £3.034 million to 2023/24 in relation to HRA housebuilding during 2022/23, due to slippage.