Decision Maker: Executive
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
To note the outturn position for the year and
approve earmarked reserves.
RESOLVED that
i. the outturn expenditure for 2023/24, subject to audit, of £90.512m is noted, which represents an overspend of £1.225m compared with the approved budget.
ii. the earmarked reserves as set out in Annexe C are approved.
iii. the virements relating to the 2023/24 budget (see Annexe D) are approved
RECOMMENDED that Council note the Treasury Management performance in 2023/24 as set out in Annexe B.
The recommendations are intended to inform the Executive of financial performance
against budget in the 2023/24 financial year.
The report sets out the Council’s actual financial performance in 2023/24 and the
consideration of options is not therefore appropriate.
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: 16/07/2024
Date of decision: 16/07/2024
Decided at meeting: 16/07/2024 - Executive
Effective from: 25/07/2024
Accompanying Documents: