76 Report from Cabinet meeting on 12 December 2023
PDF 253 KB
To consider the recommendations of the Cabinet in respect of:
· 2023/24 Quarter Two Finance update – To set out the current financial position for the Council at the end of the second quarter of 2023/24 (Cabinet minute 38) ( Cabinet agenda item 3)
(report of the Cabinet enclosed).
Additional documents:
Minutes:
Consideration was given to the report of the Cabinet which sought approval for the Cabinet’s recommendations.
2023/24 Quarter Two Finance update
The Portfolio Holder for Finance, Commercialisation, UKSPF and Levelling Up presented the report.
DECISION:
1) That the use of New Homes Bonus (NHB) from reserves of £300,000, to alleviate in year budget pressures, be approved;
2) That the Capital Programme at Appendix A – Table 4 be amended to take into account the changes set out within the report.