Decision details

Budget Monitoring 2022/23

Decision Maker: Portfolio Holder for Children, Education and Families

Decision status: For Determination

Is Key decision?: No

Is subject to call in?: Yes


That the latest projected overspend of £8,933,000 forecast on the controllable budget based on information as at December 2022 be noted.


That the Council’s Executive be recommended to agree the release of funds from the Central Contingency and from the Reserves as set out in Section 5 of Report CEF23013.

Reasons for the decision:

One of the ambitions of “Making Bromley Even Better” is to manage the Local Authority’s resources well, providing value for money and efficient and effective services for Bromley’s residents.  To meet this ambition, a relentless focus is required on efficiency, outcomes of services and prudent management of the Local Authority’s finances, particularly as the “2023/24 Council Tax” report highlights the financial pressures facing the Council.  It remains imperative that strict budgetary control continues to be exercised to minimise the risk of compounding financial pressures in future years, with Chief Officers and Departmental Heads of Finance continuing to place emphasis on the need for strict compliance with the Council’s budgetary control and monitoring arrangements.

Publication date: 15/03/2023

Date of decision: 15/03/2023

Effective from: 23/03/2023

Accompanying Documents: