Decision details
Revenue & Capital Budget Monitoring, Cash Limits and Virements – April to September 2022
Decision Maker: Cabinet
Decision status: Approved
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
This report presents the financial monitoring
information for the Authority as a whole for the financial year
2022/23, using information available as at the end of September
2022.
Decision:
(1) To note the 2022/23 revenue budget position as at the end of September 2022.
(2) To note the revenue virements listed for information only in Appendix 3(i) of the report.
(3) To note the capital year-end forecast detailed in paragraph 3.26 of the report.
(4) To approve the allocation of £3m CRSTS Highways Maintenance Challenge Fund grant to fund the increased cost of the Cleveland Bridge repairs as highlighted in paragraph 3.27 of the report.
(5) To note the changes in the capital programme including capital schemes that have been agreed for full approval under delegation listed in Appendix 4(i) of the report.
Reasons for the decision:
The Budget Management Scheme requires that the Cabinet considers the revenue and capital monitoring position four times per year.
Alternative options considered:
None.
Report author: Paul Webb
Publication date: 11/11/2022
Date of decision: 10/11/2022
Decided at meeting: 10/11/2022 - Cabinet
Effective from: 19/11/2022
Accompanying Documents:
- E3373 Decision - Revenue and Capital Budget Monitoring Cash Limits and Virements - April to Sept 2022
PDF 84 KB - Revenue and Capital Budget Monitoring Cash Limits and Virements - April to Sept 2022
PDF 864 KB
- Appendix 1 - Revenue Monitoring Commentary
PDF 65 KB
- Appendix 2 - Key Scheme Capital Monitoring Commentary
PDF 415 KB
- Appendix 3(i) - Proposed Revenue Virements 2022-23
PDF 195 KB
- Appendix 3(ii) - Revised Revenue Cash Limits 2022-23
PDF 210 KB
- Appendix 4(i) - Capital Virements 2022-23
PDF 26 KB
- Appendix 4(ii) - Capital Programme by Portfolio 2022-23
PDF 550 KB