Issue - meetings

To consider recommendations of the Cabinet in respect of:

2021/21 Financial Outturn – To provide information on the outturn financial position of the Council as at 31 March 2021 (Cabinet minute 6) (Cabinet agenda item 7).

Consideration was given to the report of Cabinet which sought approval for the Cabinet’s recommendations in respect of the 2020/21 Financial Outturn.  The report provided information on the outturn financial position of the Council as at 31 March 2021.

The report was presented to the Council by the Portfolio Holder for Finance, Strategy and Partnerships who advised that there had been many challenges for the Council during the period, due to the Covid 19 pandemic.  A full explanation of information within the reports was provided.  It was reported that Government grants, service departments monitoring their budgets and staffing being kept to a minimum  had resulted in a better than expected year-end outcome, despite the pandemic.

DECISION:

1)    That the General Fund Underspend be transferred to the Council Tax Reserve; and

2)    That the General Fund Capital Programme and HRA Capital Programme be approved as set out in Section 4 of Appendix A.