13 MCa/19/69 GENERAL FUND FINANCIAL MONITORING 2020/21 - QUARTER 1 PDF 263 KB
Cabinet Member for Finance
Decision:
It was RESOLVED:-
1.1 That, subject to any further budget variations that arise during the rest of the financial year, the deficit position £101k, referred to in section 6.6 and 6.7 of the report, be noted;
1.2 The revised 2020/21 Capital Programme referred to in Appendix D and section 6.19 of the report be noted.
Reason for Decision: To ensure that Members are kept informed of the current budgetary position for both General Fund Revenue and Capital.
Alternative Options Considered and Rejected: At this stage in the year, the financial position is for noting only.
Any Declarations of Interests Declared: None
Any Dispensation Granted: None
Minutes:
The Cabinet Member for Finance introduced the report and highlighted the impact that the Covid-19 pandemic had on the Councils’ finances.
The recommendations in the report were moved by Councillor Whitehead and seconded by Councillor Gould, who thanked the Finance team for their work.
Councillor Eburne also expressed thanks to the Finance team for their work.
The Cabinet Member for Finance, and the Assistant Director for Corporate Resources responded to questions from Councillor Eburne regarding issues including the timescales for grants received from Government, the estimated loss of income from car parking, and the figures allocated for the former Council Headquarters. The Assistant Director for Corporate Resources advised that further information regarding the Headquarters site would be provided to Members outside of the meeting.
Following a question regarding the Disabled Facilities Grant, the Assistant Director for Housing confirmed that a report would be presented to Cabinet in October regarding expiry of the current service contract and proposed future plans.
Councillor Field queried the number of staff vacancies detailed in the report. In response the Chief Executive confirmed that these vacancies were from a number of departments within the Authority.
By a unanimous vote
It was RESOLVED:-
1.1 That, subject to any further budget variations that arise during the rest of the financial year, the deficit position £101k, referred to in section 6.6 and 6.7 of the report, be noted;
1.2 The revised 2020/21 Capital Programme referred to in Appendix D and section 6.19 of the report be noted.
Reason for Decision: To ensure that Members are kept informed of the current budgetary position for both General Fund Revenue and Capital.