Decision details

Q4 Financial Performance report 2020-21

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

To provide information on the actual full year financial position of the Council for the 2020-21 financial year.

Decision:

RESOLVED that Cabinet note the report and appendix, and

 

Recommend to FULL COUNCIL:

 

1)    That capital budgets (& associated funding sources) of £7,247,467 be carried forward into 2021-22 to support projects in progress.

 

2)    That the final capital out-turn and funding for 2020-21 as detailed in appendix B of the report be approved.

 

3)    That the revised capital budget and associated funding for the 2021-22 capital programme as detailed in appendix C of the report be approved.

 

4)    That the additional Control Outbreak Management Funding totalling £464k be added to the budget to be spent in areas which comply with the funding guidelines (as detailed in paragraph 1.6 of the report).

 

Reasons for the decision:

To provide timely information to Members on the overall financial position of the Council, enabling resource re-allocation to priorities where necessary and protecting the General fund balance.

 

To enable approved capital projects to continue to deliver in the new financial year.

 

Alternative options considered:

1)    That the report and appendices be noted and recommend to Full Council

a)    That capital budgets (& associated funding sources) of £7,247,467 be carried forward into 2021-22 to support projects in progress.

b)    That the final capital out-turn and funding for 2020-21 as detailed in appendix B be approved.

c)    That the revised capital budget and associated funding for the 2021-22 capital programme as detailed in appendix C be approved.

d)    That the additional COMF funding totalling £464k be added to the budget to be spent in areas which comply with the funding guidelines (as detailed in paragraph 1.6 of the report)

 

2)    That the report and appendices be noted and changes are made to the recommendations to Full Council.

Report author: Alison Chubbock

Publication date: 21/06/2021

Date of decision: 21/06/2021

Decided at meeting: 21/06/2021 - Cabinet

Effective from: 29/06/2021

Accompanying Documents: