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.