Report of Chief Finance Officer

Lead Cabinet member: Councillor Zoe Nicholson

(Non-key decision):

(1) To note the General Fund, HRA and Collection Fund financial performance for the quarter ended June 2022.

(2) To note the capital programme as set out at Appendix 2 to the report.

The Cabinet considered the report of the Chief Finance Officer, updating members on the Council’s financial performance in Quarter 1 2022/23.

A residual projected year end overspend of £108k was projected and this was due to the anticipated impact of price inflation for energy costs and goods and services.

Policy and Performance Advisory Committee (PPAC), held on 21 September   2022 considered the report and were supportive of the officer recommendations in full. Councillor Boorman, Chair of Policy and Performance Advisory Committee, was in attendance to present PPAC’s discussion.

Visiting member and Leader of the Opposition, Councillor Linington addressed the Cabinet, echoing comments made at PPAC, stating that judgement would be reserved until quarter 2 figures were published, factoring in inflationary pressures and its impact on reserves and the capital programme.

Debbie Twitchen, Tenants Representative addressed the Cabinet and advised that her questions around the capital programme would be addressed through Tenants of Lewes District (TOLD).

Resolved (Non-key decision):

(1) To note the General Fund, HRA and Collection Fund financial performance for the quarter ended June 2022.

(2) To note the capital programme as set out at Appendix 2 to the report.

Reason for decisions:

To enable Cabinet members to consider specific aspects of the Council’s financial performance.