Issue - decisions

Quarter 3 Financial Performance Report 2020-21

01/02/2021 - Quarter 3 Financial Performance Report 2020-21

Cabinet noted the report and appendix; and,

 

RESOLVED to Recommend to FULL COUNCIL:

 

1)    That the income received from the NNDR and Council Tax income compensation scheme be carried forward in reserve to cover the deficits recognised in future years (as detailed in paragraph 1.6 of the report).

 

2)    That the NNDR S31 grant for expanded retail relief and nursery reliefs received in 2020-21 be carried forward in reserve to cover the deficits recognised in 2021-22 from the lost income as a result of these NNDR reliefs (as detailed in paragraph 1.6 of the report).

 

3)    That the below budget NNDR levy payment at the end of the year be carried forward in reserve to cover the deficits recognised in future years from the lost income as a result of the pandemic (as detailed in paragraph 1.6 of the report).