Decision details
Financial Monitoring Report Quarter 3 2022/23
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 3 (31st December 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 £9.950m;
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: 15/02/2023
Date of decision: 15/02/2023
Decided at meeting: 15/02/2023 - Cabinet
Effective from: 23/02/2023
Accompanying Documents:
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