Issue - meetings

Finance Update

Meeting: 21/06/2021 - Cabinet (Item 10)

10 Finance Update and Budget Monitoring Report pdf icon PDF 326 KB

Report from the Strategic Director of Finance and Customer Services

 

Recommendations

 

1.          That the update on the revenue budget financial outturn 2020/21 be noted.

 

2.          That the Councils position on the delivery of the business support grants and Test and Trace support payments be noted.

 

3.          That the Councils approach  ...  view the full agenda text for item 10

Additional documents:

Minutes:

Consideration was given to the report which provided an update on a number of financial matters including those related to COVID-19. The Financial Outturn 2020/21 and Financial Monitoring 2021/22 report was due to be submitted to Cabinet in July 2021.

 

There were 2 main factors contributing to an underspend which  ...  view the full minutes text for item 10