The
Cabinet Member for Housing and Health introduced the report,
outlining the council’s capital expenditure and overspend in
Quarter 4 of £475,000 which had been driven by the cost of
living.
In
response to questions on the council’s flood action plan and
delay to the subway gate the Cabinet Member for Environmental
Services stated an explanation of the situation would be provided
to committee members after the meeting.
The
Committee expressed their thanks to both the Housing and Finance
teams.
RESOLVED: That
1. The Revenue
position as at the end of Quarter 4 for 2022/23, including the
actions being taken or proposed to improve the position, where
significant variances have been identified, be noted;
2. The Capital
position at the end of Quarter 4 be noted;
3. The
Performance position as at Quarter 4 for 2022/23, including the
actions being taken or proposed to improve the position, where
significant issues have been identified, be noted;
4.
The proposed new KPIs for 2023/24 be
recommended to the Cabinet; and
5. The UK Shared
Prosperity Fund update, attached at Appendix 3, be
noted.