Decision details

Revenue Management Report Quarter 1

Decision Maker: Cabinet

Decision status: Decision Made

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

To receive the financial position as at the end of June 2022. 

Decision:

RESOLVED –

 

1.    That the Quarter 1 net expenditure on services year to date was £3,268,00, £224,000 less that budget be noted.

 

2.    That by year end the Council anticipates net expenditure of £15,382,000 on services be noted.  And that this forecast is £300,000 over budget be noted.

 

3.    That by year end the Council anticipates receiving an increase in funding of £300,000, due to additional investment interest, which is the same as the additional spend forecast for services be noted.

 

4.    That the new and updated charges for the Crematorium as set out in the report be approved.

 

REASON FOR DECISION: To show the actual expenditure on services compared to the revised budget for the period ended 30 June 2022, and the forecast outturn position, highlighting significant variances from the revised annual budget.

Report author: Jane Fineman

Publication date: 23/09/2022

Date of decision: 22/09/2022

Decided at meeting: 22/09/2022 - Cabinet

Effective from: 01/10/2022

Accompanying Documents: