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.