Decision details

13.1

The report provided the outturn monitoring statement on the City Council’s Revenue and Capital Budget Outturn as at the end of Month 12, 2020/21

13.2

RESOLVED: Co-operative Executive:-

1.    Note the updated information and management actions provided by this report on the 2020/21 Revenue Budget Outturn;

2.    approves the People Portfolio carry forward request, as detailed in Appendix 1 of the report;

3.     Note the annual Treasury Management Outturn report for 2020/21, attached as Appendix 2 of the report;

4.    Approve the actual 2020/21 Prudential and Treasury Indicators presented in Annex 2 of Treasury Management Outturn report; and

5.    In relation to the Capital Programme, note the forecast Outturn position described in Appendix 3 of the report.

13.3

Reasons for Decision

13.3.1

To record formally changes to the Revenue Budget and the Capital Programme.

13.4

Alternatives Considered and Rejected

13.4.1

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.

13.5

Any Interest Declared or Dispensation Granted

None

13.6

Reason for Exemption if Public/Press Excluded During Consideration

None

13.7

Respective Director Responsible for Implementation

Executive Director, Resources

13.8

Relevant Scrutiny and Policy Development Committee If Decision Called In

Overview and Scrutiny Management Committee