Decision details

To set out the provisional outturn position for South Holland District Council for 2021/22, subject to final audit, and provided information on the implications for the Council’s balances and reserves including the capital position for the year.

1)    That Cabinet notes the outturn position for 2021/22 as detailed in Table 1 and recommends to Full Council its financing from the Council Tax Reserve;

2)    That the reserve movements and balances, as detailed in Table 3 be noted;

3)    That Cabinet note the general fund capital position and recommends to Council to approve the 2021/22 capital budget carry forward to 2022/23 due to slippage/re-profiling as detailed in column 3 of Table 8; and

4)    That Cabinet note the HRA capital position and recommends to Council to approve the budget carry forward due to slippage/re-profiling as detailed in column 3 in Table 12.

To ensure the Council’s provisional financial position for 2021/22 is considered and related decisions approved.  It is important that the Cabinet is aware of the financial position of the General Fund to ensure that they can make informed decisions that are affordable and financially sustainable for the Council.)

To not approve the reserve movements outlined.