*RESOLVED –
1. That the General Fund Revenue and Capital Outturn reports for 2020/21 be noted.
2. That the proposal to make a contribution from the General Fund Revenue surplus to the Business Rates Reserve to meet the 2020/21 deficit on business rates income, as set out in section 4.2.5 of the officer’s report, be approved.
3. That the General Fund Revenue carry forward request, as detailed in section 4.2.6 of the officer’s report, be approved.
4. That the level of General Fund Revenue Reserves and Provisions, outlined in section 4.4 and Appendix C of the officer’s report, be approved.
5. That the proposal to transfer the General Fund Revenue surplus for the financial year 2020/21 to the Budget Risk Reserve, as outlined in paragraph 4.4.6 of the officer’s report, be approved.
6. That the General Fund Capital financing arrangements, as set out in Appendix D of the officer’s report, be approved.
REASONS FOR DECISIONS
1. To consider the final outturn position of previously approved General Fund Revenue and Capital budgets for 2020/21 and the effectiveness of the council’s Financial Strategy and in-year budget monitoring arrangements.
2. To consider the General Fund Reserves Provisions position given the issues facing the Council over the period of the Medium-term Financial Plan.