Issue - meetings

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.