The Head of Finance and Procurement introduced the report setting out the revenue and capital outturn position for 2023/24 and the final spend and income of 2023/24.

Councillor Derek Carnell proposed the recommendations, which were seconded by Councillor Richard Palmer.

Resolved:

(1)   That the reduced take from the budget contingency reserve of £813k to deliver a balanced outturn position be noted.

(2)   That the level of reserves at 31 March 2023, as detailed in table 3 of the report, be noted.

(3)   That the capital slippage of £21.641m and capital expenditure of £11.02m against the Revised Budget, as detailed in table 4 and appendix I of the report be noted.