Agenda item

Report:  Budget Monitoring Report - Period 9 December 2023

Presented by: Councillor Chris Wilkins - Cabinet Member for Finance

Cabinet:

Noted the revenue financial position at Period 9 and the action taken to mitigate the overspend.

Report:  Budget Monitoring Report - Period 9 December 2023

Presented by: Councillor Chris Wilkins - Cabinet Member for Finance

Summary:

The report sets out the monitoring position for the Council for 2023/24 based on figures to period nine (31st December).

The table included in the report shows the net service controllable budgets, spend and variances and actuals to date.

The Cabinet and Group Leaders discussed the budget figures in detail;

Areas covered included financial targets, expected savings and proposed actions, under each area of the council, and listed separately under People, Place, Resources and oneSource.

Cabinet:

Noted the revenue financial position at Period 9 and the action taken to mitigate the overspend.