Decision details

1.    Cabinet noted the financial outturn position for the General Fund and Housing Revenue account as forecast at Quarter 2. The revenue outturn forecast is a deficit of £0.111m for the General Fund and a deficit of £0.538m for the Housing Revenue Account. The Council’s capital programme is forecast on budget, with additional slippage of £3.387m on General Fund schemes and slippage of £17.278m for the HRA.

2.    Cabinet RESOLVED TO RECOMMEND to Council the approval of the draw down of £870k from the Dacorum Development Reserve to fund the 2022/23 employee pay award and the reallocation of £270k of the HRA revenue contribution to capital.