Issue - decisions

Q1 Finance Report

15/09/2021 - Revenue and Capital Budget Monitoring 2021/22 - Financial Update Quarter 1

It was RESOLVED that the report be approved, and the following be noted:

 

a)     the expected revenue budget efficiency for the year of £0.880m;

 

b)     the capital budget efficiencies of £2.837m;

 

c)     the expected outturn position for Special Expenses of £5k deficit; and

 

d)     the planned use of reserves at paragraph 4.3 of the report, primarily to meet the Collection Fund deficit, as a result of business rates reliefs and the grants received in the General Fund to fund the deficit.