Issue - meetings

REVENUE BUDGET MONITORING 20**/** PERIOD * (MONTH - MONTH)

Meeting: 26/07/2021 - Executive (Item 19)

19 BUDGET MONITORING 2021/22 PERIOD 2 (APRIL TO MAY 2021) pdf icon PDF 867 KB

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

Minutes:

The Executive Member for Finance and Governance and the Director of Finance and Systemssubmitted 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. The Executive Member highlighted the principal items which underlay the current net estimated outturn pressure, noting that it was as yet very early in the financial year.

 

            RESOLVED -

 

(1)       That Council be recommended to approve an increase to the net Revenue Budget of £168k to £179.472m as detailed in paragraph 2 of the report.

 

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