Decision details

The County Council's Financial Position - 2022/23 Outturn

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Purpose:

This report provides details for Cabinet on the county council's 2022/23 revenue and capital outturn position.

 

The 2022/23 revenue position at the end of the year is net expenditure of £948.857m, against an approved budget of £948.107m, which represents an in-year overspend of £0.750m or 0.08% of the revenue budget.

 

The capital delivery programme for 2022/23 totalled £223.115m with the programme delivering an outturn position of £138.585m, resulting in a variance against budget of £84.530m.

Decision:

The Cabinet approved the recommendation(s) as set out in the report.

Corporate Priorities : Delivering better services;

Divisions Affected: (All Divisions);

Contact: Kate Lee Email: kate.lee@lancashire.gov.uk Tel: 01772 531733.

Date of decision: 07/09/2023

Effective from: 13/09/2023