Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
The subject of the decision:
This report provided the revenue outturn position for the year 2021/22.
Alternative options considered:
None
The reason for the decision:
To comply with s25 of the Local Government Act 2003 to set a balanced budget and to monitor the financial position throughout the year.
The decision:
That Cabinet approves and recommends to Council that:-
(1) the final outturn position described in the report be noted;
(2) the transfer of £305,995 from reserves to meet the overspend in the year be approved; and
(3) the level of reserves at 31 March 2022 and those identified to support 2022/23 expenditure in line with the budget be noted.
Reason Key: Expenditure > £50,000;
Wards Affected: All Wards;
Other reasons / organisations consulted
None
Consultees
None
Contact: Justin Ives, Chief Executive Email: justin.ives@hambleton.gov.uk.
Report author: Noel O'Neill
Publication date: 07/07/2022
Date of decision: 05/07/2022
Decided at meeting: 05/07/2022 - Cabinet
Accompanying Documents: