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

The Executive Member for Finance and Investment and the Corporate Director of Finance and Systemssubmitted 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 provided with an update on the proposed deployment of the Brexit transitional grant, and an opportunity was provided for questions more broadly to be raised on the report’s content. These focussed on the implications of shortfalls in Council Tax collection; the help being provided to businesses in the context of a recent high profile company administration; and a specific enquiry related to the Land Sales Programme.

            RESOLVED –

(1)       That the updated positions on the revenue budget, collection fund and capital programme be noted.

(2)       That the level of design fees on the regeneration scheme at the former Sale Magistrates Court as detailed in Paragraph 35 of the report be noted.