Decision details
Quarter 2 Financial Report 2023/24
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
Purpose:
This report sets out the current forecast of
income and expenditure against the revenue budget for 2023/24 and
other key financial data.
Decision:
Cabinet RESOLVED:
(1) To note the overall financial position and the actions being taken to manage the issues arising.
(2) To note the savings delivery tracker in Appendix A of the report.
(3) To note the Prudential Indicators set out in Appendix B of the report.
(4) To approve the virements set out in section 3.9.10 of the report.
(5) To agree for new loan facilities of up to £2.31m to be made available to First Wave Housing for the Refugee Housing Programme, as set out in section 4.5.2 of the report.
Eligible for call-in: Yes
Deadline for submission of call-in: 6pm on Monday 23 October 23
Reason Key: Affects more than 2 wards;
Wards Affected: (All Wards);
Contact: Minesh Patel, Corporate Director Finance and Resources Email: minesh.patel@brent.gov.uk Tel: 020 8937 4043.
Report author: Benjamin Ainsworth
Publication date: 16/10/2023
Date of decision: 16/10/2023
Decided at meeting: 16/10/2023 - Cabinet
Accompanying Documents:
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