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November Financial Monitoring Report
Meeting: 16/01/2023 - Cabinet (Item 9)
9 November Financial Monitoring Report 
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Decision:
RESOLVED:
A. That Cabinet noted the financial reporting data for month 8, November 2022, relating to revenue budgetary control, showing a forecast net favourable variance at 30 November on service expenditure of £0.183m when corporate and funding items are included.
B. That CMT note the contents of Section 5 and approve the adjustments to the Capital Programme contained in Appendix 5b
That Cabinet noted the contents of Section 5 and Appendix 5b of the report and approve the adjustments to the Capital Programme in the Table below:
|
|
Budget 2022-23 |
Budget 2023-24 |
Narrative |
|
CorporateServices |
£ |
£ |
|
|
CustomerContact |
(160,000) |
|
Viredto a separateprojectwithin customercontact |
|
CustomerContacts- ComplaintsSystem |
160,000 |
|
Viredfromthe generalprojectcode fora separateproject |
|
CivicCentre- Workplace DesignProject |
(1) |
473,000 |
Elementsof Project funded fromRevenueReserve |
|
Investto Save-Photovoltaics& EnergyConserv |
(50,000) |
50.000 |
Reprofiledin accordancewith ProjectedSpend |
|
CommunityandHousing |
|
|
|
|
DisabledFacilitiesGrant-ProjectGeneral |
181,200 |
|
Fundingto matchForecast |
|
Children,SchoolsandFamilies |
|
|
|
|
HollymountCapitalMaintenance |
(50,000) |
50,000 |
Virementand re-profilingof schemeswithinthe SchoolsCapital Maintenan ... view the full decision text for item 9 |
Minutes:
The Cabinet Member for Finance and Corporate Services presented the report noting that the net adverse variance had been eliminated and there was now a small net favourable variance.
The Interim Executive Director for Finance and Digital advised that departments continued to work to drive down departmental overspends and this work would continue.
RESOLVED:
A. That Cabinet noted the financial reporting data for month 8, November 2022, relating to revenue budgetary control, showing a forecast net favourable variance at 30 November on service expenditure of £0.183m when corporate and funding items are included.
B. That CMT note the contents of Section 5 and approve the adjustments to the Capital Programme contained in Appendix 5b
That Cabinet noted the contents of Section 5 and Appendix 5b of the report and approve the adjustments to the Capital Programme in the Table below:
|
|
Budget 2022-23 |
Budget 2023-24 |
Narrative |
|
CorporateServices |
£ |
£ |
|
|
CustomerContact |
(160,000) |
|
Viredto a separateprojectwithin customercontact |
|
CustomerContacts- ComplaintsSystem |
160,000 |
|
Viredfromthe generalprojectcode fora separateproject |
|
CivicCentre- Workplace DesignProject |
(1) |
473,000 |
Elementsof Project funded fromRevenueReserve |
|
Investto Save-Photovoltaics& EnergyConserv |
(50,000) |
50.000 |
Reprofiledin accordancewith ProjectedSpend |
|
CommunityandHousing |
|
|
|
|
DisabledFacilitiesGrant-ProjectGeneral |
181,200 |
|
Fundingto matchForecast |
|
Children,SchoolsandFamilies |
|
|
|
|
HollymountCapitalMainten ... view the full minutes text for item 9 |