Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
The report will set out the revenue and
capital outturns for 2020-21.
RESOLVED
That the Cabinet:
a) notes the outturn for the financial year 2020/21 as summarised in report FIN/526.
b) notes that this has been an exceptional year where it has been very difficult to do accurate financial projections.
Request Full Council to:
a) approve the increase the capital budget for purchase of temporary accommodation from £1.1m to £2.4m to be funded from specific homelessness grants, revenue and earmarked reserves for purchase of such properties.
b) approve the transfers of reserves as outlined in section 9 of report FIN/526.
Reasons for the Recommendations
To report to Members on the projected outturn for the year compared to the approved budget.
Report author: Karen Hayes
Publication date: 01/07/2021
Date of decision: 30/06/2021
Decided at meeting: 30/06/2021 - Cabinet
Effective from: 07/07/2021
Accompanying Documents: