Skip to additional navigation Skip to content

Council and Democracy

Decision details

Revenue and Capital Budget Monitoring 2022/23 - Financial Update Quarter 1

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

It was RESOLVED that the report be approved, and the following details in the report be noted:

 

a)           the expected revenue budget efficiency for the year of £1.073m and proposals to earmark this for cost pressures;

 

b)           the capital budget efficiencies of £6.170m including the re-profiling of provisions totalling £1.465m to 2023/24 for Cotgrave Leisure Centre, Keyworth Leisure Centre, and West Park;

 

c)           the transfer of £0.15m from the Streetwise Loan Provision to Capital Contingency;

 

d)           the expected outturn position for Special Expenses to be in line with the budget; and

 

e)           the Council positively engaging in securing external funding with regards to the UK Shared Prosperity Fund, Levelling-up and Safer Streets.

Report author: Helen Tambini

Publication date: 12/10/2022

Date of decision: 11/10/2022

Decided at meeting: 11/10/2022 - Cabinet

Accompanying Documents: