Issue - decisions

Medium Term Financial Plan (MTFP) Outturn 2022-23

28/07/2023 - Medium Term Financial Plan - Financial Outturn 2022/23



(1)           That Cabinet noted the outturn position in respect of the 2022/23 financial year.


(2)           That Cabinet approved the proposed carry forward of capital budgets detailed in Appendix 4 totalling £10.783m.


REASONS FOR DECISION To appraise Cabinet of the Council’s financial management during 2022-23, and to enable specific capital budgets to be carried forward into the current financial year.


OTHER OPTIONS CONSIDERED AND REJECTED – The financial outturn report was primarily a factual report, detailing the actual position compared to previously approved budgets. Consequently, there were no alternative options to be considered. The allocation of resources to earmarked reserve accounts was undertaken in line with the Council’s Policy and Service Delivery Framework and in the light of the risks and issues facing the Council over the period of the current Medium Term Financial Plan (MTFP).


Please note that this was not a Key Decision so can be implemented by officers with immediate effect.