The subject of the decision:

This report provided an update on the revenue budget position of the Council and the reserve funds at the end of June 2022.

Alternative options considered:

None.

The reason for the decision:

To comply with S25 of the Local Government Act 2003 regarding setting a balanced budget and monitoring the financial position throughout the year.

The decision:

That Cabinet approves and recommends to Council:-

(1)       that £200,000 of the Quarter 1 underspend is transferred to the Local Government Reorganisation Reserve as detailed in paragraph 3.2 of the report; and

(2)       the department budget movements as detailed within paragraph 3.6 of the report.