Issue - meetings

The Cabinet considered a report of the Director of Corporate Resources setting out the provisional revenue and capital outturn for 2023/24. A copy of the report, marked ‘Agenda Item 4’, is filed with these minutes.

Mr. Breckon CC noted that tight control over spending across the Council had helped achieve a balanced revenue outturn, but the financial outlook remained very difficult.

RESOLVED:

a)    That the 2023/24 provisional revenue and capital outturn be noted;

b)    That the prudential indicators for 2023/24 as shown in Appendix E to the report be noted;

c)    That the transfers to earmarked reserves, as set out in paragraphs 65 and 66 of the report, be approved.

(KEY DECISION)

REASONS FOR DECISION:

To note the provisional revenue and capital outturn for 2023/24 and agree the transfers to earmarked reserves to fund future commitments.