Decision details

RESOLVED:

1.    That the Council’s forecast revenue and capital budget positions for the year be noted.

2.    That the transfer of the balance of the CV-19 funding (£1.9m) and amended revenue budget baseline as £1,019.7m be noted.

3.    That the addition of the 20/21 contingency (£20.4m) to the Budget Equalisation Reserve be approved.

Reason for Decision:

This report is to comply with the agreed policy of providing a monthly budget monitoring report to Cabinet for approval of any necessary actions.

[The decisions on this item can be called in by the Resources and Performance Select Committee]