Decision details

To recommend to Council to  approve in principle, the carry forward of estimated revenue budget amounts from 2022/23 to 2023/24.

Matter for Decision

This report presents details of any anticipated variances from budgets, where resources are requested to be carried forward into the 2023/24 financial year in order to undertake or complete activities which were originally intended to take place in 2022/23.

Decision of the Executive Councillor for Finance, Resources, Transformation and Non-Statutory Deputy Leader:

·       Agree the provisional carry forward requests, totalling £351,070 as detailed in Appendix A, are recommended to Council to approve, subject to the final outturn position.

Reason for the Decision

As set out in the Officer’s report.

Any Alternative Options Considered and Rejected

Not applicable.

Scrutiny Considerations

The Head of Finance introduced the report.

The Head of Finance said the following in response to Members’ questions:

      i.          Justification of why funds were not spent were listed in the report as it goes through each item.

      ii.          Had discussions with the University of Cambridge regarding the Mill Lane redevelopment proposal. Officers were discussing how this may be incorporated with their wider scheme. This had not progressed at this moment. Would continue to work with the University to see when they wish to proceed, as officers believe they would in the future.

The scrutiny committee unanimously approved the recommendations.

The Executive Councillor for Finance, Resources and Transformation and Non-Statutory Deputy Leader approved the recommendations.

Conflicts of Interest Declared by the Executive Councillor (and any Dispensations Granted)

No conflicts of interest were declared by the Executive Councillor.