Decision details

Financial Monitoring - Quarter 2, 2021/22

Decision Maker: Overview and Scrutiny Committee, Cabinet

Decision status: For Determination

Is Key decision?: No

Is subject to call in?: Yes


To receive an update on financial monitoring information for the third quarter 2021/22.


RESOLVED it is noted that:


(1)      the forecast year-end position for the financial year is currently an increase to the General Fund balance of £173k against a budgeted increase of £123k


(2)      the details of specific budgetary issues identified by officers and the actions being taken to address those issues


(3)      the current level of Capital expenditure as shown in Appendix 2 of the report


(4)      the financial implications of COVID-19 and the level of economic recovery from the effects of the pandemic will continue to be monitored and reported alongside any grant funding provided to mitigate the spend or lost income.

Report author: Jon Topping

Publication date: 13/09/2022

Date of decision: 08/12/2021

Decided at meeting: 08/12/2021 - Cabinet

Effective from: 17/12/2021

Accompanying Documents: