Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
To provide an update on the forecast outturn
RESOLVED that Cabinet: -
(a) Noted the budget monitoring position for quarter one 2023/24; and
(b) Request the Chief Operations Officer and the Corporate Director for Resources present in the quarter two Cabinet monitoring report their mitigation proposals to balance service pressures if these remain; and
(c) Approved the implementation of an expenditure freeze and vacancy management process for the remainder of 2023/24 with delegation to the Chief Executive to develop an appropriate policy. This is to be supported by consideration of the redeployment of any staff in posts that it is proposed to remove.
Portfolio Holder: Finance
To comply with accounting codes of practice and best practice which requires councils to regularly monitor the annual budget position and take any action to support the sustainability of the council’s financial position.
Report author: Nicola Webb
Publication date: 08/09/2023
Date of decision: 06/09/2023
Decided at meeting: 06/09/2023 - Cabinet