Agenda item

At the meeting on 29^th June, Cabinet made the following recommendations to Full Council:

Agenda Item 8: Corporate Plan 2023 – 2027

Recommendation:

That Full Council adopts the Corporate Plan 2023 - 2027

Agenda Item 9: 2022/2023 Outturn Report

Recommendation:

That Full Council approves:

a)   The provisional outturn position for the General Fund revenue account for 2022/23;

b)    The transfers to and from reserves as detailed within the report (and appendix C) along with the corresponding updates to the 2023/24budget;

c)   The deficit of £0.261m relating to service overspends be funded from the GeneralReserve;

d)      The deficit of £0.561m relating to retained business rates be funded from the Business RatesReserve;

e)    The financing of the 2022/23 capital programme as detailed within the report   and at Appendix D.

f)      The balance on the General Reserve of£2.649m;

g)    The updated capital programme for 2023/24 to 2025/26 and scheme financing as outlined withinthe report and detailed at Appendix E

h)    The roll-forward requests as outlined in Appendix F

i)      The transfer of £0.5m from the Delivery Plan Reserve to a new reserve – ‘Net Zero Initiatives’ set up specifically to fund projects, initiatives and works to achieve Net Zero.

j)      The provision of a Temporary Accommodation capital budget for 2024/25 and 2025/26 of £0.25m per year be moved into 2023/24 giving a total budget of £0.75m in 2023/24 and that this be funded by temporary borrowing until it can be replaced by preserved right to buy capital receipts.

Agenda Item 10 - Treasury Management Annual Report 2022 - 2023

Recommendation:

That the Treasury Management Annual Report for 2022 – 2023 be approved.

Overview & Scrutiny Committee considered the above recommendations at the meeting scheduled for 12^th July. As this meeting was held after the Full Council agenda was published, the Chairman of the Committee will provide a verbal update to Full Council.