Issue - decisions

2021/22 Provisional General Fund Revenue and Capital Outturn

25/11/2022 - 2021/22 Provisional General Fund Revenue and Capital Outturn (Cabinet, 14 November 2022)

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.


14/11/2022 - 2021/22 Provisional General Fund Revenue and Capital Outturn

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.