Agenda item

The Committee received a report of the Corporate Director of Resources which provided details of the 2023/24 revenue and capital budget outturn position for the Adult and Health Services (AHS) service grouping, which highlighted major variances in comparison with the budget for the year.

A further report was received which provided the Committee with details of the forecast outturn budget position for the Adult and Health Services service grouping, highlighting major variances in comparison with the budget for the year, based on the position to the end of June 2024 (for copy of reports, see file of minutes).

Joanne Watson, Principal Accountant gave a detailed presentation which provided an overview of the following:

•        2023/24 Revenue Outturn and Variance Explanations;

•        2023/24 Outturn Capital Position;

•        2024/25 Quarter 1 Revenue Forecast Outturn and Variance Explanations;

•        2024/25 Quarter 1 Capital Position

Resolved: That the financial position be noted.