Decision details
Financial Monitoring 2022/23 Quarter 2
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Decision:
RESOLVED:
That Members:
A. Noted that at the end of Quarter 2 (30th September 2022), the full year revenue forecast is a potential overspend of between £4.138m and £17.506m, with best estimates indicating an overall overspend of £10.998m;
B. Considered the detrimental impact of this on the Council’s General Fund balance and mitigating actions urgently required to avoid this.
Report author: James Walton
Publication date: 30/11/2022
Date of decision: 30/11/2022
Decided at meeting: 30/11/2022 - Cabinet
Effective from: 08/12/2022
Accompanying Documents:
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