Issue - meetings

COUNCIL RESOLVED  -

(i)

That the revenue expenditure position at the end of the second quarter be noted.

(ii)

That the virements to contingency actioned for operational purposes be approved.

(iii)

That an amendment to the net revenue budget for 2020/21 from £238.071m to £240.961m, to account for the additional COVID-19 emergency grant funding, be approved.

Consideration has been given to the latest monitoring position on the 2020/21 revenue budget at the end of the second quarter, including impacts of the global pandemic and to recommending the Council to approve budget adjustments outlined within the report.

RESOLVED -

(i)

That the Council’s revenue expenditure position at the end of the second quarter, as set out in appendices 1 and 2 to the report be noted.

(ii)

That the Council be recommended to approve the virements to contingency actioned for operational purposes as outlined in appendix 1 of the report.

(iii)

That the Council be recommended to approve an amendment to the net revenue budget for 2020/21 from £238.071m to £240.961m as presented in appendix 2 to the report, to account for the additional COVID-19 emergency grant funding.

The above decisions have been made to contribute to sound financial management and the long-term financial sustainability of the Council.