Issue - meetings

BUDGET MONITORING 2021/22 - PERIOD 6 (APRIL TO SEPTEMBER 2021)

Meeting: 25/11/2021 - Accounts and Audit Committee (Item 33)

33 BUDGET MONITORING 2021/22 - PERIOD 6 (APRIL TO SEPTEMBER 2021) pdf icon PDF 710 KB

To consider a report of the Executive Member for Finance and Governance & 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 Committee noted that the report had been referred to and considered by the Executive at its meeting on 22nd November, as part of its regular financial monitoring activity.

 

In discussion it was noted that the Council had lobbied Government regarding the position ow low-funded Councils; this communication, and any response, could be shared with Members. Responses were also given in respect of queries on the Council’s methods of prioritising funding, and on the presentation of variances arising from the Collection Fund.

 

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