Issue - meetings

Capital Budget Monitoring Round 2 - 2022/23

Meeting: 15/11/2022 - Cabinet (Item 5)

5 Capital Budget Monitoring - Round 2 2022/23 pdf icon PDF 424 KB




The Cabinet accepted the report as urgent to enable consideration of the matter at the earliest opportunity, including the management action referenced within the report.


This report presented the results of the second round of the Council’s capital budget monitoring process for 2022/23. The report explained that this forecast an overspend of £690,000 in the Children and Adults Directorate and an underspend of £24,000 in the Regeneration, Culture and Environment Directorate. All other Services/Directorates were forecast to complete their capital schemes within the approved budget.


The report also provided details of amendments to the capital programme, which were approved by full Council on 11 November 2022, detail of which was set out in section 9 of the report.








The Cabinet noted the results of the second round of capital budget monitoring for 2022/23, and the management actions to resolve the projected overspend in Children’s and Adults which would be the subject of a future report to both Cabinet and Council.




Cabinet has the responsibility to ensure effective budgetary control to contain expenditure within the approved limits set by the Council.