Agenda item

The Committee received a joint report of the Corporate Director of Resources and Corporate Director of Regeneration Economy and Growth which provided details of the forecast outturn position for quarter 2 revenue and capital for Regeneration, Economy and Growth (REG) as at 30 September 2023 (for copy of report, see file of minutes). 

Councillor D Freeman referred to the £1.793 million Leisure Centre income shortfall covered corporately from central contingencies and queried why this was not included in the budget. The Finance Manager explained that £1 million shortfall was related to post Covid reduced footfall which was planned to be addressed in the Medium Term Financial Plan next year. He added that £793,000 was in relation to the Leisure Transformation Programme as centres were being developed there were periods of closures and loss of income, therefore this would be picked up corporately so it would not impact on the service.

Resolved:

That the contents of the report be noted.