Issue details
Q1 Budget and Performance Report
PDF 209 KBTo review performance for Quarter 1 2023/24 and to report the forecast position for 2023/24, including explanation and analysis of the drivers for the material budget variances, and outline current and planned recovery activity to reduce the forecast overspend.
To provide assurance that progress has been made towards delivery of the agreed revenue budget and service delivery targets, and that the reasons for major variances or potential under-performance are understood and are being addressed to the cabinet’s satisfaction.
The forecast 2023/24 outturn shows a net overspend of £13.5 million.
Decision type: Non-key
Decision status: Recommendations Approved
Wards affected: (All Wards);
Notice of proposed decision first published: 24/07/2023
Decision due: 28 September 2023 by Cabinet
Lead member: Cabinet member finance and corporate services
Lead director: Director of Resources and Assurance (Historic), Director of Strategy and Performance
Department: Corporate Support Centre
Contact: Appy Reddy, Head of Corporate Performance Email: Appy.Reddy2@herefordshire.gov.uk Tel: 01432 383675.
Decisions
- 01/10/2023 - Q1 Budget and Performance Report
Agenda items
- 28/09/2023 - Cabinet Q1 Budget and Performance Report 28/09/2023
Documents
- Q1 Budget and Performance Report