Agenda item
Revenue Budget and Capital Programme Monitoring 2020/21 - as at 30/09/2020
- Meeting of Co-operative Executive, Wednesday 18 November 2020 2.00 pm (Item 10.)
- View the background to item 10.
Report of the Executive Director, Resources.
Decision:
10.1 |
The Executive Director, Resources, submitted a report providing the outturn monitoring statement on the City Council’s Revenue and Capital Budget for 2020/21, as at 30th September 2020. |
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10.2 |
RESOLVED: That Cabinet:-
(a) notes the updated information and management actions provided by the report on the 2020/21 Revenue Budget Outturn;
(b) in relation to the Capital Programme, notes the forecast Outturn position described in Appendix 2; and |
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(c) notes the review of the Treasury Management Strategy and prudential indicators as detailed in Appendix 3. |
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10.3 |
Reasons for Decision |
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To record formally changes to the Revenue Budget and the Capital Programme. |
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10.4 |
Alternatives Considered and Rejected |
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A number of alternative courses of action are considered as part of the process undertaken by Officers before decisions are recommended to Members. The recommendations made to Members represent what Officers believe to be the best options available to the Council, in line with Council priorities, given the constraints on funding and the use to which funding is put within the Revenue Budget and the Capital Programme. |
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10.5 |
Any Interest Declared or Dispensation Granted |
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None |
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10.6 |
Reason for Exemption if Public/Press Excluded During Consideration |
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None |
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10.7 |
Respective Director Responsible for Implementation |
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Eugene Walker, Executive Director, Resources |
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10.8 |
Relevant Scrutiny and Policy Development Committee If Decision Called In |
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Overview and Scrutiny Management Committee |
Minutes:
10.1 |
The Executive Director, Resources submitted a report providing the outturn monitoring statement on the City Council’s Revenue and Capital Budget for 2020/21, as at 30th September 2020. |
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10.2 |
RESOLVED: That Cabinet:-
(a) notes the updated information and management actions provided by the report on the 2020/21 Revenue Budget Outturn;
(b) in relation to the Capital Programme, notes the forecast Outturn position described in Appendix 2; and |
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(c) notes the review of the Treasury Management Strategy and prudential indicators as detailed in Appendix 3. |
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10.3 |
Reasons for Decision |
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10.3.1 |
To record formally changes to the Revenue Budget and the Capital Programme. |
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10.4 |
Alternatives Considered and Rejected |
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10.4.1 |
A number of alternative courses of action are considered as part of the process undertaken by Officers before decisions are recommended to Members. The recommendations made to Members represent what Officers believe to be the best options available to the Council, in line with Council priorities, given the constraints on funding and the use to which funding is put within the Revenue Budget and the Capital Programme. |
Supporting documents:
- Cover report Revenue and Capital Budget Monitoring M6, item 10. PDF 259 KB
- Revenue and Capital Budget Monitoring - Main Report, item 10. PDF 579 KB
- App 2 Capital Sep20 Dashboard, item 10. PDF 277 KB
- App 3 Treasury Report_Sept 2020, item 10. PDF 549 KB