Issue - decisions

Revenue Budget Outturn 2020/21

08/07/2022 - Revenue Outturn 2021/22

The Cabinet Member with the Resources Portfolio introduced the report of the Group Director of Operations  (previously circulated)  presenting the 2020/21 revenue outturn (subject to Audit) and requesting that consideration be given to the results in light of the Council’s Medium Term Financial Plan (MTFP) and the Housing Revenue Account outturn.


The submitted report stated that although the impact of COVID-19 had had a significant bearing on the Council’s services and the financial position for 2021/22, the year-end projection showed an overall improvement of £5.235M; outlined the variances from the original budget together with changes since the quarter three position; and stated that there were a number of additional carry-forward requests totalling £1.638M, which would assist with projected slippage and pressures in the coming year.


RESOLVED - (a)  That the revenue outturn for 2021/22, as detailed in the submitted report, be noted.


(b)  That the carry forward of resources, as referred to in paragraphs 24 to 27 of the submitted report, be noted and approved.


REASONS - (a)  To continue effective management of resources.


(b)  To continue to deliver services to agreed levels.