Decision details
Financial Outturn 2023-24
Decision Maker: Overview and Scrutiny Committee, Cabinet
Decision status: For Determination
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
To update Cabinet on the Financial Outturn
Report 2023-24.
Decision:
RESOLVED that:
(1) it is noted that:
i. the year-end position for the financial year 2023-24 is currently a decrease to the General Fund balance of £288k against a budgeted decrease of £104k;
ii. the General Fund balance has decreased from £849k to £561k at the end of 2023-24;
iii. that the level of earmarked reserves has decreased by £0.322m from £4.264 to £3.942m;
iv. the current level of Capital expenditure is as shown in Appendix 1 of the report;
(2) the transfers to and from earmarked reserves as detailed in the table in section 6 of the report are approved.
Report author: Greg Maw
Publication date: 18/07/2024
Date of decision: 17/07/2024
Decided at meeting: 17/07/2024 - Cabinet
Effective from: 26/07/2024
Accompanying Documents: