Decision details
Revenue Expenditure Outturn 2022/23
PDF 67 KBDecision Maker: Executive
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
To note the outturn position for the year and
approve earmarked reserves.
Decision:
RESOLVED that the Executive:
i. Notes the outturn expenditure for 2022/23, subject to audit, of £87.606m, which represents an under spend of -£0.506m compared with the approved budget.
ii. Approves the budget carry forward of £0.036m (see paragraph 5.8).
iii. RECOMMENDS that Council note the Treasury Management performance in 2022/23 as set out in Annexe B.
iv. Approves the earmarked reserves as set out in Annexe C.
v. Approves the virements relating to the 2022/23 budget (see Annexe D).
Reasons for the decision:
The recommendations are intended to inform the Executive of financial performance
against budget in the 2022/23 financial year.
Alternative options considered:
The report sets out the Council’s actual financial performance in 2022/23 and the
consideration of options is not therefore appropriate.
Interests and Nature of Interests Declared:
None
Reason Key: Expenditure >£400,000 & Affects more than 1 ward.;
Wards Affected: (All Wards);
Financial Impact: The outturn position impacts on reserves.
Declarations: None
Subject to Urgent Proceedings: No
Making Representations: In writing to the Executive Director: Resources.
Other reasons / organisations consulted
None
Consultees
None
Contact: Arthur Parker, Chief Accountant Email: arthur.parker@bracknell-forest.gov.uk Tel: 01344 352158.
Report author: Arthur Parker
Publication date: 18/07/2023
Date of decision: 18/07/2023
Decided at meeting: 18/07/2023 - Executive
Effective from: 26/07/2023
Accompanying Documents: