Issue - meetings
2021/2022 Revenue and Capital Budget Monitoring (Quarter 3)
Meeting: 22/03/2022 - Cabinet (Item 10)
10 2021/2022 Revenue and Capital Budget Monitoring (Quarter 3) 
PDF 370 KB
Additional documents:
- Appendix A - Service Efficiency Income Generation Assumptions 2021-2022 Update, item 10
PDF 161 KB
- Appendix B - Budget Monitoring by Service Area – Position as at 31 December 2021, item 10
PDF 66 KB
- Appendix C1 - Explanation General Fund Variances – Position as at 31 December 2021, item 10
PDF 27 KB
- Appendix C2 - Explanation HRA Budget Variances – Position as at 31 December 2021, item 10
PDF 15 KB
- Appendix D - Capital Programme – Financial Update Position as at 31 December 2021, item 10
PDF 26 KB
Decision:
Cabinet:
a) Noted 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) Noted the latest Capital Programme 2021/22 position [and variances, if any] as shown in Appendix D.
Minutes:
Cabinet received the 2021/2022 Revenue and Capital Budget Monitoring report for Quarter Three. Councillor Neil Gough, the Deputy Leader, introduced the report, noting the impact of the crisis in Ukraine.
After a brief discussion, Councillor Bridget Smith, Leader of the Council, thanked Officers, and Cabinet:
a) Noted 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) Noted the latest Capital Programme 2021/22 position [and variances, if any] as shown in Appendix D.