Council
Agreed to
A) Acknowledge the 2021/22 general fund revenue outturn position as summarised in Appendix A, the operational underspend of £0.490 million, and the shortfall after income from Taxation and Government Grants in the year of £0.747 million, and the explanations provided for the variances compared to the revised 2021/22 revenue budget;
B) Acknowledge the consequent increase in the General Fund as at 31 March 2022 of £2.955m to around £14.7m;
C) In relation to the Capital Programme:
(i) Note the 2021/22 capital outturn of £32,420 million;
(ii) Acknowledge the performance achieved in relation to the Capital Programme schemes substantially completed in 2021/2022, summarised in Appendix B.
(iii) Approve the carry forwards of £3.344 million in relation to General Fund capital projects due mainly to slippage.
Cabinet:
a) Acknowledged the 2021/22 general fund revenue outturn position as summarised in Appendix A, the operational underspend of £0.490 million, and the shortfall after income from Taxation and Government Grants in the year of £0.747 million, and the explanations provided for the variances compared to the revised 2021/22 revenue budget;
b) Acknowledged the consequent increase in the General Fund as at 31 March 2022 of £2.955m to around £14.7m;
c) In relation to the Capital Programme:
i) Noted the 2021/22 capital outturn of £32,420 million;
ii) Acknowledged the performance achieved in relation to the Capital Programme schemes substantially completed in 2021/2022, summarised in Appendix B.
iii) Recommended to Council the carry forwards of £3.344 million in relation to General Fund capital projects due mainly to slippage.
iv) Noted that a full review of the Capital Programme will be submitted to Cabinet at its December 2022 meeting to include re-phasing of the existing programme and new Capital bids for the next budget cycle.
This is a recommendation to Council, and not subject to call-in.