Issue - meetings

To consider the Budget Forecast Outturn – 2020/21 Quarter 3 report.

RESOLVED to approve The General Fund, Housing Revenue Account and Capital Programme forecast outturn positions including the updated use of reserves and requested slippage for the Capital Programme.

Councillor Hargreaves summarised the report on the Budget Forecast Outturn 2020/21 Quarter 3. He highlighted the General Fund and the predicted net underspend of £503,000 and the overspend of the Capital Programme of £89,948,000. Overall, he said the Council were in a favourable position in comparison to many other councils, and that he hoped the financial impact of the public health emergency would lessen as the year went on. He proposed approval of the recommendation set out in the report.

Councillor Armstrong seconded the proposal.

The proposal was approved unanimously.

RESOLVED to approve The General Fund, Housing Revenue Account and Capital Programme forecast outturn positions including the updated use of reserves and requested slippage for the Capital Programme.