Issue - decisions

Revenue Budget Monitoring 2021/22 (Period 4, July 2021) and Q1 Capital Programme Update

22/09/2021 - Revenue Budget Monitoring 2021/22 (Period 4, July 2021) and Q1 Capital Programme Update

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;

 

(ii)  Note the update on key savings programmes and commercial income, as set out in section 4 of the report;

 

(iii)  Note the 2021/22 Quarter 1 Capital Programme expenditure position, as set out in section 5 and Appendices B and C of the report;

 

(iv)  Approve the changes to the Capital Programme totalling £22.745m and £10.669m reprofilings, resulting in a net increase to the current year’s programme of £12.076m, as set out in paragraphs 5.1 - 5.3 and 5.6 - 5.10 of the report; and

 

(v)  Approve an increase in the Industria programme budget of £3.97m, in light of the tender returns, to a total development budget of £38.618m, as set out in paragraphs 5.4 - 5.5 of the report.