DECISION

1.    Note the council’s position and consequent provisional outturn as at 31^st March 2024, against General Fund Budget (£0.3m underspend) Dedicated Schools Grant Budget (£1.5m overspend), Housing Revenue Account (£5.2m overspend). 

2.    Note the actions taken to date to address the demand pressures as set out in Appendix A, Section 3.2 of the report.

3.    Note the progress made against the 2023/24 savings targets, based at 31^st March 2024.

4.    Note the council’s provisional outturn position against General Fund and Housing Revenue Account capital programme approved budgets for 2023/24, based on provisional outturn at 31^st March 2024.

5.    Approve the net slippages of £8.9m and net overspends of £1.7m across the General Fund capital programme and net slippages of £10.6m and net underspends of £0.9m across the Housing Revenue Account capital programme as detailed in section 3.18 and 3.19 of the report.

6.    Note that there are no equalities implications directly resulting from this report, as set out in Section 4 of the report.

Action by

CORPORATE DIRECTOR RESOURCES (J. LORRAINE)

Director of Finance, Procurement and Audit (A. Kassim)