Decision details

The Executive considered a report in respect of Second Quarter Revenue Budget monitoring 2022/23 for the General Fund and Housing Revenue Account (HRA).

The Portfolio Holder for Environment & Climate Change referred to the climate change implications set out at Paragraph 5.6 of the report, and stressed the point that in the long run climate change mitigation projects and initiatives would reduce energy and other budget costs.

In reply to a question from the Leader, the Strategic Director (RP) confirmed that the underspend in Street scene salaries was due to staff recruitment and retention challenges following a recent restructuring of the service.

It was RESOLVED:

General Fund

1.          That the 2022/23 2nd Quarter projected net decrease in General Fund expenditure of £199,920 be approved.

2.          That it be noted the cumulative changes made to the General Fund net budget remains within the £400,000 increase variation limit delegated to the Executive.

Housing Revenue Account

3.          That the 2022/23 2nd Quarter projected net decrease in HRA expenditure of £263,300 be approved.

4.          That it be noted the cumulative increases made to the HRA net budget remains within the £250,000 increase variation limit delegated to the Executive.

Reason for Decision:  As contained in report.

Other Options considered:  As contained in report.