Decision details

*RESOLVED –

That it be recommended to Full Council that:

1.    The budget monitoring position for general fund revenue budget financial performance in the first two months of the financial year 2020/21 and the implications for the general fund revenue budget for 2020/21 and the new medium-term financial plan, as detailed in Sections 4 and 5 of the officer’s report, be noted.

2.    The changes to the medium-term financial plan, as outlined in Sections 4 and 5 of the officer’s report, be approved.

3.    The updated capital programme, as outlined in Section 6 of the officer’s report, be approved.

4.    The arrangements for financing of the capital programme, as outlined in paragraph 6.3 of the officer’s report, be approved.

5.    The budget monitoring position for the first two months of the financial year 2020/21 and the implications for the on Housing Revenue Account budget for 2020/21s, as detailed in Section 7 of the officer’s report, be noted.

REASON FOR DECISION

To actively manage the Council’s finances in the current financial year and forecast forward the emerging budget position to future financial years.