Decision details
Financial Monitoring Quarter 2, 2020/21
Decision Maker: Overview and Scrutiny Committee, Cabinet
Decision status: For Determination
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
To receive an update on financial monitoring
information for the second quarter 2020/21.
Decision:
RESOLVED it be noted that:
(1) the forecast year end position is currently for a decrease to the Council’s General Fund balance of £99k against a budgeted decrease of £49k
(2) the uncertainty surrounding the exact levels of grant income to be received from Government will affect the eventual financial outcome for the year
(3) the details of specific budgetary issues identified by officers and the actions being taken to address those issues
(4) the current level of Capital expenditure as shown in Appendix 2 of the report.
Report author: Jon Topping
Publication date: 10/12/2020
Date of decision: 09/12/2020
Decided at meeting: 09/12/2020 - Cabinet
Effective from: 18/12/2020
Accompanying Documents:
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