Agenda item

Quarter 2 Forecast of Revenue and Capital Outturn 2022/23


The Committee received a report which provided Members with details of the forecast outturn budget position for the Adult and Health Services (AHS) service grouping, highlighting major variances in comparison with the budget for the year, based on the position to the end of September 2022 (for copy see file of minutes).


P Dowkes, Principal Accountant, Resources, presented the report. The forecast indicated that AHS would have a cash limit underspend of £0.735 million at the year-end against a revised revenue budget of £137.994 million, which represented a 0.53% underspend.


Based on the forecasts, the Cash Limit balance for AHS as at 31 March 2023 would be £5.308 million. The AHS capital budget for 2022/23 comprised a single scheme of £100,000. As at 30 September 2022 capital expenditure of £8,000 had been incurred.




That the report be noted.


Supporting documents: