Agenda item

Pursuant to Cabinet Minute No. 154 (2019/20) the Acting Chief Finance Officer submitted a report outlining the budget position at the end of month 2, covering the General Fund Revenue budget, the General Fund Capital Programme and the Housing Revenue account.

RESOLVED –

1.   That the general fund revenue budget financial performance in the first two months of the financial year 2020/21, as set out in section 4 of the officer’s report, be noted.

2.   That the new medium term financial plan, as set out in section 5 of the officer’s report, be noted.

3.   That the proposed changes to the medium term financial plan, as outlined in sections 4 and 5 of the officer’s report, be approved.

4.   That the updated capital programme, as outlined in section 6 of the officer’s report, be approved.

5.   That the financing of the capital programme, as outlined in paragraph 6.3 of the officer’s report, be approved.

6.   That the position of the Housing Revenue Account budgets, included in section 7 of the officer’s report, be noted.