Issue - meetings

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.

In respect of questions and comments raised by Members it was reported by officers that:

-       The Council would be required to be more assertive in pursuit of debt which was expected to result in some challenge.

-       A proposal on a review of the Charging Policy would be brought forward in the new calendar year and would involve formal consultation.

-       More details around next years’ budget and allocation would be known in due course.

-       There had been no proposals put forward for redundancies within Adult Social Care within the Pre-Budget Consultation process.

RESOLVED:

That Adults and Health Committee:

1.                 Noted 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.

2.                 noted the financial update and forecast outturn relevant to their terms of reference.

3.                 Noted that officers would seek to improve the financial outturn across all Committees to mitigate the overall forecast overspend of the Council.

4.                 Noted Appendix 1 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