Issue - meetings

RESOLVED:

1.    That Cabinet note the Council’s forecast revenue and capital budget positions for the year.

2.       That Cabinet agree the carry forward of two amounts within the DSG schools block totalling £183k into 2021/22.

Reason for Decisions:

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]

The report was introduced by the Leader who explained that at M2, the Council was forecasting a full year £15.9m deficit, against the budget approved by Council in February 2021. The contingencies built into the 2021/22 budget exceeded the forecast deficit and so a balanced outturn was expected.  However, it was still the expectation that Directorates manage the overspend within their budget envelopes. The council would continue to lobby government around funding for SEND and adult social care.

RESOLVED:

1.    That Cabinet note the Council’s forecast revenue and capital budget positions for the year.

2.       That Cabinet agree the carry forward of two amounts within the DSG schools block totalling £183k into 2021/22.

Reason for Decisions:

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]