Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
To provide an update on forecast outturn for
2022/23 in line with Financial Regulations. To request budget
virements if required.
1. To note General Fund forecast overspend of £4.334m.
2. To note that the forecast draw down from the Housing Revenue Account (HRA) general balance is £4.453m, £0.403m more than budgeted.
3. To note the in-year Dedicated Schools Grant High Needs Block forecasted surplus of £0.582m, reducing the cumulative deficit.
4. To approve General Fund virements totalling £4.494m and HRA virements totalling £0.377m as detailed in appendix 10.
Report author: Andrew Lord
Publication date: 06/09/2022
Date of decision: 05/09/2022
Decided at meeting: 05/09/2022 - Cabinet
Effective from: 09/09/2022