Issue - meetings

Report of the Head of Finance and ICT

The Director of Corporate Resources introduced the report, which had been circulated in advance of the meeting, updating Members on the forecast outturn for Revenue and Capital Budgets for 2022/23, including all approved carried forward amounts from the 2021/22 financial year, and requesting approval for the changes to the budget as set out in the report.

 RESOLVED to:

1)    Approve the General Fund Budget virements set out in Appendix 1 to the report;

2)    Note the use of reserves and funds during quarter two as detailed in Appendix 2 to the report;

3)    Approve the changes to the capital programme included in paragraph 2.3 of the report; and

4)    Approve the ongoing budget of £76,000 from 2023/24 to enable the proposed increase in the minimum pay level to spinal column point 5, as detailed in paragraph 2.1 of the report, subject to the approval of the proposal by the Appointments and Conditions of Service Committee at its meeting in December; to be funded by savings identified in employee expenses arising from the proposed reduction in National Insurance Contributions.

Report of the Senior Leadership Team

Consideration was given to a report of the Senior Leadership Team, which had been circulated prior to the meeting, to update Cabinet on the forecast outturn for Revenue and Capital Budgets for 2022/22 and to request approval for the changes to the budget as set out in the report.

RESOLVED to:

1) Approve the General Fund Budget virements set out in Appendix 1; and

2) Note the use of reserves and funds during quarter one as detailed in Appendix 2; and

3) Approve the changes to the capital programme included in paragraph 2.4.