Issue - meetings

To receive the Financial Review report for 2022/23.

The committee received the Financial Review report for 2022/23.

RESOLVED (by majority):

That the Children and Families Committee:

1.    Notes the report of the Finance Sub-Committee (Agenda for Finance Sub-Committee on Wednesday, 9th November, 2022, 2.00 pm | Cheshire East Council), specifically the recommendations of that committee.

Finance Sub-Committee recommend Service Committees to:

·         note the financial update and forecast outturn relevant to their terms of reference.

·         note that officers will seek to improve the financial outturn across all committees to mitigate the overall forecast overspend of the Council.

·         approve supplementary revenue estimates for specific grants coded directly to services up to and including £1,000,000 in accordance with Financial Procedure Rules as detailed in Appendix 2 Children and Families Committee, Section 3 Corporate Grants Register, Table 2.

2.    Notes Appendix 2 and the following sections specific to this Committee:

·         Changes to Revenue budget 2022/23

·         Action Plan 2022/23

·         Corporate Grants Register

·         Debt Management

·         Capital Strategy

·         Reserve Strategy