Decision details

RESOLVED:

That District Executive recommend that Chief Executive agrees to:-

a.

Note the net spending for the year of £15,188,955, the variance position compared to final budget, and the explanations of variances from budget holders for the 2020/21 financial year;

b.

Approve budget carry forwards of £364,860 into the 2021/22 budget (as shown in Appendix B);

c.

Approve the budget virements in paragraph 45, table 9;

d.

Note the virements in Appendix E;

e.

Note the use of the specific reserves in paragraph 38 and the transfers to and from balances outlined in the General Fund table paragraph 40, table 7;

f.

Note the position of the Area Committee balances in paragraph 42.

Reason:

To provide Members with the actual spending and income (“outturn”) against the Council’s approved Revenue Budget for the financial year, and to explain the variations against budget.