Agenda item

Financial Monitoring Report - Position at 31/08/22, with Projected Revenue and Capital Outturn at 31/03/23

Joint report of Corporate Director of Neighbourhoods and Climate Change and Corporate Director of Resources and Treasurer to the Joint Committee  

Minutes:

The Joint Committee considered a joint report of the Corporate Director of Neighbourhoods and Climate Change and the Corporate Director Resources and Treasurer to the Joint Committee that provided details of the provisional outturn position for 2022/23 and the projected level of reserves and balances at 31 March 2023 (for copy see file of minutes).

 

Responding to a query from the Chair regarding the energy price increase, the Finance Manager advised that Government had announced a package for businesses which also applies to Councils for a six-month period. The Joint Committee would be provided with updates at future meetings.

 

Resolved:

That the April to August 2022 financial monitoring report and associated provisional revenue and capital outturn positions at 31 March 2023, including the projected year position with regards to the reserves and balances of the Joint Committee be noted.

 

Supporting documents: