Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
To provide an updated forecast outturn
position in line with Financial Regulations. To request budget
virements if required.
1. To note the General Fund forecast overspend of £4.666m.
2. To note that the forecast draw down from the Housing Revenue Account general balance will be £5.216m. This is £1.166m more than budgeted.
3. To note the in-year Dedicated Schools Grant High Needs Block forecasted surplus of (£0.599m), reducing the cumulative deficit.
4. To approve General Fund virements totalling £1.852m as detailed in appendix 10.
Report author: Andrew Lord
Publication date: 08/11/2022
Date of decision: 07/11/2022
Decided at meeting: 07/11/2022 - Cabinet
Effective from: 11/11/2022