Decision details

SECOND QUARTER REVENUE MONITORING 2021/22

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

REPORT OF THE SERVICE DIRECTOR - RESOURCES

To inform Cabinet of the summary position on revenue income and expenditure forecasts for the financial year 2021/22, as at the end of the second quarter

Decision:

RESOLVED:

 

(1)  That Cabinet noted this report.

 

(2)  That Cabinet approved the changes to the 2021/22 General Fund budget, as identified in table 3 and paragraph 8.2, a £1.256million decrease in net expenditure.

 

(3)  That Cabinet noted the changes to the 2022/23 General Fund budget, as identified in table 3 and paragraph 8.2, a total £68k decrease in net expenditure. These will be incorporated in the draft revenue budget for 2022/23.

 

REASON FOR DECISIONS: Members are able to monitor, make adjustments within the overall budget framework and request appropriate action of Services who do not meet the budget targets set as part of the Corporate Business Planning process.

Report author: Ian Couper

Publication date: 22/12/2021

Date of decision: 21/12/2021

Decided at meeting: 21/12/2021 - Cabinet

Accompanying Documents: