Issue - meetings
Monthly Budget Monitoring- 2021/22 Month 7
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Meeting: 21/12/2021 - Cabinet (Item 248)
248 Monthly Budget Monitoring- 2021/22 Month 7 
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This report provides details of the County Council’s 2021/22 financial position as at 31st October 2021 (M7) for revenue and capital budgets, and the expected outlook for the remainder of the financial year.
(The decisions on this item can be called-in by the Resources and Performance Select Committee)
Additional documents:
Decision:
RESOLVED:
1. That Cabinet note the Council’s forecast revenue and capital budget positions.
2. That Cabinet approve the introduction of a new Highways Section 171 fee of £143 to recover the administrative cost involved in issuing licences for customers to undertake private works where access is required from the highway as outlined in paragraph 14.
Reasons 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.
(This item can be called in by the Resources and Performance Select Committee]
Minutes:
The report introduced by the Leader provided details of the County Council’s 2021/22 financial position as at 31 October 2021 (M7) for revenue and capital budgets, and the expected outlook for the remainder of the financial year. At M7, the Council was forecasting a full year £17m deficit against the revenue budget. This represented a £1.5m improvement from M6. The year would end with a balanced budget and directorates were encouraged to focus on their original budgets and delivering against that.
RESOLVED:
1. That Cabinet note the Council’s forecast revenue and capital budget positions.
2. That Cabinet approve the introduction of a new Highways Section 171 fee of £143 to recover the administrative cost involved in issuing licences for customers to undertake private works where access is required from the highway as outlined in paragraph 14.
Reasons 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.
(This item can be called in by the Resources and Performance Select Committee]