1. Cabinet noted the financial position for 2023-24 as at Quarter 1.
Cabinet
2. Approved the following revenue budget virement:
· £0.100m from the Transformation Service to the Digital service, relating to system licence costs.
3. Approved the following capital budget virement:
· £0.254m from Hemel Garden Community capital projects to support specific capital works at Buncefield Lane (£0.190m) and Grand Union canal improvements (£0.064m).
4. Approved the following supplementary capital budgets, to be funded by capital grant:
· £0.109m for improvement works to tennis courts across the borough.
Resolved to Recommend
5. Recommend to Council they approve the following additional slippage on the capital programme from 2022-23 :
· £1.000m relating to the buy-back of Council Homes purchased under Right to Buy Purchases.
6. Recommend to Council they approve the following draw down from the Council’s General Fund revenue reserves:
· £0.057m from the Council’s Litigation reserve, to support historic pension settlement costs.