Issue - meetings

COUNCIL RESOLVED -

(i)

That an amendment to the net budget to £221.286m be approved.

(ii)

That the appropriations to and from reserves be approved.

(iii)

That the proposed changes to strategic reserves following the outcome of a review of Council reserves be approved.

Consideration has been given to the outturn position on the 2020/21 revenue budget. 

RESOLVED -

(i)

That the Council be recommended to approve an amendment to the net budget to £221.286m.

(ii)

That the Council’s 2020/21 revenue outturn position as an underspend of £7.908m, subject to audit, be noted.

(iii)

That budget virements as set out in the report be approved.

(iv)

That the Council be recommended to approve the appropriations to and from reserves as set out in the report.

(v)

That the Council be recommended to approve the proposed changes to strategic reserves following the outcome of a review of Council reserves as set out in the report and appendices.

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