Issue - meetings

2021/22 Q1 Revenue Monitoring Report

Meeting: 07/09/2021 - Cabinet (Item 20)

20 2021/22 Q1 Revenue Monitoring Report pdf icon PDF 144 KB

This report provides an update on the revenue budget position of the Council and the reserve funds at the end of June 2021.

 

In accepting the recommendations, Cabinet will approve and recommend to Council that the budget remains at £10,351,080 as detailed in paragraph 3.2 of the report for 2021/22.

Minutes:

The subject of the decision:

 

This report provided an update on the revenue budget position of the Council and the reserve funds at the end of June 2021.

 

Alternative options considered:

 

None.

 

The reason for the decision:

 

To comply with S25 of the Local Government Act 2003 regarding setting a balanced budget and monitoring the financial position throughout the year.

 

The decision:

 

That Cabinet approves and recommends to Council thatthe budget remains at £10,351,080 as detailed in paragraph 3.2 of the report for 2021/22.