Issue - meetings
Monthly Budget Monitor, including funding allocations and adjustments to the capital programme (Month 10 - 2021/22)
Meeting: 24/03/2022 - Executive (Item 885)
Additional documents:
- Appendix 1 - 2021-22 GF Key Variances Month 10, item 885
PDF 318 KB
- Appendix 2 - 2021-22 Revenue by Service Area Month 10, item 885
PDF 319 KB
- Appendix 3 - 2021-22 Transformation Fund Appendix Month 10, item 885
PDF 189 KB
- Appendix 4 - 2021-22 Capital Appendix Month 10, item 885
PDF 235 KB
- Revised Report - 2021-22 Budget Monitoring Report - Month 10, item 885
PDF 1 MB
Decision:
AGREED RECOMMENDATIONS
Reasons for decision – to ensure the financial resilience of the Council.
Other options considered – none.
Conflicts of interest / dispensations granted – none
Note: A revised report was issued for this item.
Minutes:
RESOLVED:
(i) That the forecast 2021/22 General Fund budget variance be noted (Section 3, Table 1, and Appendices 1-2 of the report).
(ii) That the forecast in-year budget variance on the Housing Revenue Account (HRA) be noted (Section 4 of the report).
(iii) That it be noted that, at the end of month 10, capital expenditure of £77.512m had been incurred against a 2021/22 full year forecast of £116.276m and against the revised 2021/22 capital budget of £163.395m (Section 5, Table 5, and Appendix 4 of the report).
(iv) That the compliance with all treasury management limits and indicators set out in the 2021/22 Treasury Management Strategy be noted (Paragraph 3.54 of the report).
(v) That the latest estimated calls on the corporate transformation fund in 2021/22 be noted (Paragraph 3.66, Table 4, and Appendix 3 of the report).
(vi) That the amendment to the Sales, Fees and Charges Schedule 2022/23 be noted and agreed (Paragraph 3.30 of the report).
Reasons for decision – to ensure the financial resilience of the Council.
Other options considered – none.
Conflicts of interest / dispensations granted – none