Decision details

2020-21 Budget Monitoring report no.3, 2020-21

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

2020-21 budget monitoring for General Fund revenue and capital, reflecting the latest forecasts in light of Covid-19 (hereafter referred to as “Covid”) as well as the Housing Revenue Account.

Decision:

Cabinet agreed:

 

1.  The additional spend associated with Covid as identified at 3.5 of the Cabinet report;

 

2.  The additional spend associated with EU transition as identified at 4.1 of the report;

 

3.  The updated General Fund capital programme as set out in Section 6 and Annex 1 to the report.

Reasons for the decision:

These decisions are required for the robust management of the Council’s finances in accordance with the Council’s Financial Procedure Rules.

Alternative options considered:

Not applicable

Report author: Tim Willis

Publication date: 21/01/2021

Date of decision: 14/01/2021

Decided at meeting: 14/01/2021 - Cabinet

Effective from: 29/01/2021

Accompanying Documents: