82 Revenue Budget Monitoring 2021/22 (Period 9, December 2021) PDF 127 KB
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Minutes:
The Cabinet Member for Finance, Performance and Core Services presented a report on the Council’s revenue budget monitoring position for the 2021/22 financial year as at 31 December 2021 (period 9).
The Council’s General Fund revenue budget for 2021/22 was £173.614m and the forecast outturn position at the end of December projected a net overspend of £7.227m once income had been taken into account, which represented a slight improvement on the previous month’s position.
Cabinet resolved to:
(i) Note the projected revenue outturn forecast for the 2021/22 financial year as set out in sections 2 and 3 and Appendix A of the report; and
(ii) Note the update on savings proposals, as set out in section 4 of the report.