284 BCa/19/60 GENERAL FUND FINANCIAL MONITORING 2020/21 - QUARTER 1 PDF 369 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 surplus position of £62k, 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 Interest Declared: None
Any Dispensation Granted: None
Minutes:
The Cabinet Member for Finance presented the report and highlighted the impact of the Covid-19 outbreak on the Councils finances. Councillor Ward thanked the Finance team for their work.
The recommendations in the report were moved by Councillor Ward and seconded by Councillor Osborne.
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.
In response to a question the Chief Executive confirmed that the staff vacancies detailed in the report were from a number of departments within the Authority.
Following a query from Councillor McCraw, Councillor Ward provided details of the Government Grants figures.
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 surplus position of £62k, be 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.