Decision details

Original Revenue Budget 2023/24

Decision Maker: Health and Housing

Decision status: For Determination

Is Key decision?: No

Is subject to call in?: No

Decisions:

The Director of Resources sought agreement to a draft Revenue Budget for 2023/24 for consideration at Special Policy and Finance Committee.

 

Members were reminded that a budget forecast was presented to the Policy and Finance Committee in September. This forecast considered the Council’s knowledge at the time regarding changes to key funding streams, and rates of inflation and predicted a budget gap of; £1,040,966 in 2023/24, £1,394,296 in 2024/25 and £2,412,914 in 2025/26.

 

The report highlighted the key variances for the next financial year for this Committee.

 

 

The difference between the Original Estimate 2022/23 and the Original Estimate 2023/24 is £444,620, or £304,110 after movements in earmarked reserves.

 

RESOLVED THAT COMMITTEE:

 

Approved the revenue original estimate for 2023/24 and submit this to the Special Policy and Finance Committee.

 

Report author: Averil Crowther

Publication date: 02/02/2023

Date of decision: 19/01/2023

Decided at meeting: 19/01/2023 - Health and Housing

Accompanying Documents: