To consider a report of the Executive Member for Finance and Investment and the Corporate Director of Finance and Systems.

The Executive Member for Finance and Investment and the Corporate Director of Finance and Systems submitted a report which informed Members of the current 2020/21 forecast outturn figures relating to both Revenue and Capital budgets. It also summarised the latest forecast position for Council Tax and Business Rates within the Collection Fund. Members were advised that this was a report early in the year, and there was scope for significant subsequent variances; and an update was provided on the emerging implications of the Government’s financial announcement on 2^nd July 2020. An opportunity was provided for Members to raise questions on the report’s content. In respect of an enquiry regarding Active Transport, it was noted that all current commitments were provided for within the capital Programme; and that the Corporate Director. Finance and Systems would provide an update, outside the meeting, on the longer term position. In respect of the position on support provided to care providers, it was agreed that the Corporate Director, Adult Services would arrange to brief Councillor Myers outside the meeting.

            RESOLVED – That the content of the report be noted.