Issue - meetings

The Section 151 Officer updated Members on the outturn position of the Council for the 2022/23 financial year. Following the meeting of the Finance and Corporate Overview Scrutiny Committee the report would also be presented to Executive on 11th September 2023.

The Council had published its draft statement of accounts in respect of 2022/23, and this was now subject to the independent audit from Mazars, the Council’s external auditors. Until the accounts were agreed by the external auditors, they were still subject to amendment.

It was noted that an increasing number of residents within the district were struggling with the continued increase in the cost of living with the addition of still recovering financially from the effects of the Covid 19 pandemic.

Paragraph 2.13 of the report detailed the various financial support schemes that were provided by the Government to help households during 2022/23. The table showed the amount paid to the Council as a billing authority against the amount that was paid out.

Moved by Councillor Justin Gilbody and seconded by Councillor Sally Renshaw

RESOLVED that:

·       the outturn position in respect of the 2022/23 financial year be noted;

·       (2) the transfers to earmarked reserves of £1.955m and £0.043m as outlined in detail in paragraphs 2.3 and 2.17 of the report, be noted;

·       (3) the proposed carry forward of capital budgets detailed in appendix 4 to the report, totalling £10.173m, be noted.

(Section 151 Officer)