Issue - meetings
Budget monitoring
Meeting: 19/12/2022 - Cabinet (Item 64)
64 Budget monitoring April to August 2022 
PDF 216 KB
To consider the head of finance’s report.
Additional documents:
- Appendix 1 - proposed carry forwards August 2022, item 64
PDF 184 KB
- Appendix 2 - capital programme August 2022, item 64
PDF 245 KB
Minutes:
Cabinet considered the head of finance’s report, being the budget monitoring report for April to August 2022.
The Cabinet member for finance highlighted a projected revenue overspend at the year-end, excluding budgets likely to be carried forward. Rising inflation had resulted in costs being higher than budgeted for but this was offset by investment income being higher than expected due to high interest rates. The capital programme would be kept under review and re-profiled.
RESOLVED: to note the budget monitoring report for April to August 2022.