Issue - meetings
Budget monitoring - to consider the budget monitoring report for the period April to August 2022
Meeting: 20/12/2022 - Cabinet (Item 61)
61 Budget Monitoring April to August 2022 
PDF 208 KB
To consider the head of finance’s report.
Additional documents:
- Appendix 1 - proposed carry forwards August 2022, item 61
PDF 179 KB
- Appendix 2 - Capital programme August 2022, item 61
PDF 252 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. Rising inflation had resulted in costs being higher than budgeted for but these increases were partially offset by investment income being higher than expected due to interest rate rises. The capital programme would be kept under review and re-profiled.
RESOLVED: to note the budget monitoring report for April to August 2022.