Decision details

Decision made

That the Cabinet:

a)    With regard to the 2021/2022 Corporate Revenue Budget Monitoring Report and Reserves – position as at 30 September 2021:

1.    Notes the forecast position for revenue and reserves as at 30th September 2021.

2.    Notes the virements to the revenue budget made during the period, as detailed in Appendix 2 of the report.

b)    With regard to the 2021/22 Corporate Capital Programme and Balance Sheet Monitoring Report – position as at 30 September 2021:

1. Approves the revised capital programme as attached at Appendix A which includes approved amendments to the programme, as detailed at point 11 of the report, since the last Capital Monitoring report was approved by Cabinet in September.

2. Notes the variations to the programme, (which are detailed, by scheme, at Appendix Band referenced within the body of the report).

3.    Notes the position in the Balance Sheet Monitoring section of the report in respect of cash, investment and loan balances, and debtors as at 30th September 2021.

4.    Approves an increase in the capital programme for the Vernon Carus Sports Club project of £75,000, with £50,000 externally funded and the remaining £25,000 from the Council’s own funds.

c)    That the recommendations of the Scrutiny Budget and Performance Panel be approved.