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]