Decision details

Financial Performance Report - Outturn 2020/1

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No


The Leader of the Council delegated authority to the Cabinet to make the following decisions:




1.                Note the draft outturn for the General Fund for 2020/21 being £65.8m over approved budget, which is a £1.4m improvement on the Period 11 position previously reported to Cabinet on 7th June;


2.                Note the forecast level of closing General Fund general reserves as £27.5m - after taking into account likely adjustments to the levels brought forward as part of the work to finalise the 2019/20 accounts audit process, and which is in line with the assumptions set out in the approved 2021/22 Budget and Medium Term Financial Strategy of March 2021;


3.                Note the forecast outturn and level of HRA balances carried forward;


4.                Note the draft General Fund capital outturn position for 2020/21;


5.                Note the draft HRA capital outturn position for 2020/21; and


6.                Approve the roll-forward of capital underspends into the 2021/22 Capital Programme for both the General Fund and HRA as set out in Tables 4 and 5.


Report author: Chris Buss

Publication date: 20/07/2021

Date of decision: 12/07/2021

Decided at meeting: 12/07/2021 - Cabinet

Accompanying Documents: