Decision details

To inform Cabinet of the income and expenditure (known as “Outturn”) for the Council for 2022/23 and reasons for variations. To also inform Cabinet of the final settlement of the Council’s A14 contribution to the Department for Transport.

AGREED that:

(i)            The Outturn for the Council’s General Fund services in 2022/23, as detailed at Appendix A and Section 2 of the report be noted and that Members note the transfer of the underspend to the Budget Equalisation Reserve;

(ii)          The reasons for the variations from revised estimate be noted;

(iii)         The current position on the Cambridgeshire Horizons Reserve, as detailed in Section 3 of the report be noted;

(iv)         The payment and funding of the A14 contribution, as detailed in Section 4 of this report be noted;

(v)          The proposed Capital Funding schedule for 2022/23 at Appendix B(i) be approved.