That the Cabinet notes the forecasted revenue outturn position and recommends that Council approves:

1.             The underwriting arrangements for Combe Pafford School as detailed in paragraphs 4.17-19 of the submitted report; and

2.             The addition of the following projects (as set out in paragraphs 8.4 of the submitted report) to the current capital programme:

·         Refurbishment of the changing rooms at Armada Park sports facilities at Torquay.  

·         Scaling up the delivery of local charge points for electric vehicles. 

·         Shiphay Lane Active Travel works.

·         Renovation of tennis courts at St Marys, Oldway and Abbey Park.

To ensure the Council operates in a prudent manner and works to maintain a balanced budget.

There were no alternative options considered.

The recommendation of the Cabinet will be considered at the Council meeting on 20 September 2023.

The Budget Monitoring 2023/24 report set out a high-level budget summary of the Council’s revenue and capital position for the financial year 2023/24, comparing budgets with year-end forecasts.

At the meeting, Councillor Tyerman proposed and Councillor Billings seconded a motion that was agreed unanimously by the Cabinet, as set out above.

None.