Issue - meetings

BUDGET MONITORING 2021/22 - PERIOD 4 (APRIL TO JULY 2021)

Meeting: 28/09/2021 - Accounts and Audit Committee (Item 22)

22 BUDGET MONITORING 2021/22 - PERIOD 4 (APRIL TO JULY 2021) pdf icon PDF 942 KB

To consider a report of the Executive Member for Finance and Governance & Director of Finance and Systems.

Minutes:

The Director of Finance provided an overview to the Committee and explained that there was a continuation of pressures in social care as well as other areas. A large amount of the in year projected savings were still to be delivered. This position was being monitored on a monthly basis by CLT, as it was an area for concern. The Council did have some contingency budgets that could be used if required. In addition there were in year pressures including the public sector pay award which had not been budgeted for, as government had originally said there would be a pay freeze. The Council would look at a number of options in order to meet the shortfall.

 

Following the overview Committee Members asked questions relating to the Council not meeting its savings targets, decarbonised funding, and capital funding being moved to the following year. The Director of Finance provided in depth responses to each of the questions and agreed to provide additional information to the Committee regarding savings targets and decarbonised funding after the meeting.

 

RESOVED: That the content of the report be noted.