Issue - meetings


Meeting: 21/03/2022 - Executive (Item 121)

121 BUDGET MONITORING 2021/22 - PERIOD 10 (APRIL 2021 TO JANUARY 2022) pdf icon PDF 701 KB

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


The Executive Member for Finance and Governance and the Director of Finance and Systems submitted a report which informed Members of the current 2021/22 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. In introducing the report, the Executive Member highlighted the principal causes of the net positive variances which had occurred since the previous report. In response to a question, it was noted that the timing of the 2021-22 pay agreement had rendered it impossible to incorporate back pay prior to April 2022.


RESOLVED – That the updated positions on the revenue budget, collection fund and capital programme be noted.