Decision details

Financial Monitoring Report

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes


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.


Publication date: 17/11/2022

Date of decision: 15/11/2022

Decided at meeting: 15/11/2022 - Cabinet

Effective from: 25/11/2022

Accompanying Documents: