Decision details

2022/23 Corporate Revenue Monitor - Month 2 (May 2022)

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

Accompanying Documents: