Issue details

Q2 Budget Report

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 are understood and are being addressed to the cabinet’s satisfaction. The forecast 2023/24 outturn shows a net overspend of £13.8 million at Quarter 2.

Decision type: Non-key

Decision status: Recommendations Approved

Wards affected: (All Wards);

Notice of proposed decision first published: 25/07/2023

Decision due: 23 November 2023 by Cabinet

Lead member: Cabinet member finance and corporate services

Lead director: Director of Resources and Assurance, Director of Strategy and Performance

Department: Corporate Support Centre

Contact: Appy Reddy, Head of Corporate Performance Email: Tel: 01432 383675.


Agenda items


  • Q2 Budget and Performance Report