Issue - meetings

To consider and decide on the recommendations as set out in the associated report. 

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.

Councillor Christopher Hall, Cabinet Member for Finance and Performance introduced Jane Fineman, Head of Finance, Procurement and Parking who presented the report as per the agenda.

Discussions and questions from Members included:

              i.        No matters of significance were discussed.

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.

To consider and provide a recommendation to Cabinet on the proposals set out in the attached report.