Decision details

DECISION:

·         To accept the report on the end of November 2023 review of the Revenue Budget

·         To consider the latest financial position regarding the budgets of each department / service

·         To note that significant overspend is anticipated in the Adults, Health and Well-being Department, the Children and Supporting Families Department, and the Highways, Engineering and YGC Department this year.

·         To agree with the recommendation to Cabinet (23-01-24) to approve a transfer of £4,241k of underspend on corporate budgets to the Council's Financial Strategy Reserve

Note: The Cabinet is requested to,

·         consider the timetable for the Adult Health and Well-being Department's overspend review and the Environment Department's overspend review (Integrated transport issues)

·         consider the imbalance in the use of grants.