Decision details

To receive an update on the financial position for 2022/23. To note or approve virements and supplementary estimates as required.

The Committee received a report which provided an overview of the Cheshire East Council forecast outturn for the financial year 2022/23 and a financial update and forecast outturn for the Economy and Growth Committee’s areas of responsibility.

RESOLVED (unanimously): That the Committee

1          note the report of the Finance Sub Committee held on 8 March 2023 and the recommendations of that Committee to Service Committees to

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

1.2       note the delegated decisions relating to supplementary revenue estimates for specific grants coded directly to services in accordance with Financial Procedure Rules, as detailed in Appendix 4 to the report - Section 2, Table 2 and Table 3.

2          note Appendix 4 to the report and the following sections specific to the Economy and Growth Committee:

·         Changes to Revenue budget 2022/23

·         Corporate Grants Register

·         Debt Management

·         Capital Strategy

·         Reserve Strategy