Issue - meetings

Cabinet:

a)    Acknowledged the forecast 2021/22 revenue position against the approved revenue budget shown in Appendix B, the projected major variances with reasons for these variances at Appendices C1 and C2 and the action being taken to address the underlying issues.

b)    Acknowledged the latest Capital Programme 2021/22 position as shown in Appendix D.

Cabinet:

a)    Acknowledged the forecast 2021/22 revenue position against the approved revenue budget shown in Appendix B, the projected major variances with reasons for these variances at Appendices C1 and C2 and the action being taken to address the underlying issues.

b)    Acknowledged the latest Capital Programme 2021/22 position as shown in Appendix D.

Cabinet received the Quarter One Financial Monitoring for the 2021/22 General Fund Revenue and Capital accounts. Councillor John Williams, Lead Cabinet Member for Finance, introduced the item, mentioning the Council’s role during the coronavirus pandemic and the resulting financial impact on the Council's planned income and expenditure.

Councillor Anna Bradnam said she was pleased with how the Council had worked with partner authorities during the increased rainfall during the winter of 2020 and 2021 and asked if the flood defence costs had been agreed with Cambridgeshire County Council. Councillor Brian Milnes, Lead Cabinet Member for Environmental Services and Licencing said the Council was continuing to work collaboratively with the County Council, and other relevant authorities.

The Leader closed the item, thanked Officers for their work during this unprecedented time, and Cabinet:

a)    Acknowledged the forecast 2021/22 revenue position against the approved revenue budget shown in Appendix B, the projected major variances with reasons for these variances at Appendices C1 and C2 and the action being taken to address the underlying issues.

b)    Acknowledged the latest Capital Programme 2021/22 position as shown in Appendix D.