Issue - meetings
2022/2023 Revenue and Capital Budget Monitoring (Quarter 2)
Meeting: 12/12/2022 - Cabinet (Item 10)
10 2022/2023 Revenue and Capital Budget Monitoring (Quarter 2) 
PDF 378 KB
Additional documents:
- Appendix A - Service Efficiency Income Generation Assumptions 2022 2023 Update, item 10
PDF 90 KB
- Appendix B - Budget Monitoring by Service Area – Position as at 30 September 2022., item 10
PDF 85 KB
- Appendix C - Explanation General Fund & HRA Budget Variances – Position as at 30 September 2022., item 10
PDF 78 KB
- Appendix D - Capital Programme – Financial Update Position as at 30 September 2022., item 10
PDF 90 KB
Decision:
Cabinet:
a) Noted the 2022/23 revenue position against the approved revenue budget to date shown in Appendix B, the projected major variances with reasons for these variances at Appendices C1 to C7 and the action being taken to address the underlying issues.
b) Noted the latest Capital Programme 2022/23 position [and variances, if any] as shown in Appendix D.
Minutes:
Cabinet received the Revenue and Capital Budget Monitoring report for quarter two 2022-2023. Councillor John Williams, Lead Cabinet Member for Resources, introduced the report, and mentioned the continued instability of the economy, but also, thanked Officers for distributing the payments for the Government’s Energy Bills Support Scheme.
Councillor Bridget Smith, Leader of the Council, closed the item, thanked Officers for their work over the past quarter, and Cabinet:
a) Noted the 2022/23 revenue position against the approved revenue budget to date shown in Appendix B, the projected major variances with reasons for these variances at Appendices C1 to C7 and the action being taken to address the underlying issues.
b) Noted the latest Capital Programme 2022/23 position [and variances, if any] as shown in Appendix D.