Decision
RESOLVED
b) The transfers to and from reserves as detailed within the report (and Appendix C) along with the corresponding updates to the 2024/25 budget;
c) The deficit of £0.937m relating to service overspends be funded from the General Reserve (£0.737m) and the Treasury Management Reserve (£0.200m);
d) The balance on the General Reserve of £2.148m
d) The surplus of £2.1m relating to retained business rates be transferred to the Business Rates Reserve;
e) The financing of the 2023/24 capital programme as detailed within the report and at Appendix D.
f) The updated capital programme for 2024/25 to 2026/27 and scheme financing as outlined within the report and detailed at Appendix E;
g) The roll-forward requests as shown in paragraph 5.5.
h) Approval of additional funding to cover capital project overspends of £0.429k as detailed in paragraph 6.7.
Reason for the recommendations:
To provide a draft outturn position for the General Fund, Capital Accounts and Reserves which will form the basis to produce statutory accounts for 2023/24. Also to provide a draft opening position for the financial year 2024/25.