Agenda item

12.1

The Executive Director, Resources, submitted a report providing the outturn monitoring statement on the City Council’s Revenue and Capital Budget 2019/20, as at the end of Month 9 (31^st December 2019).

12.2

RESOLVED: That Cabinet:-

(a) notes the updated information and management actions provided by the report and the attached appendices on the 2019/20 Revenue Budget Outturn; and

(b) in relation to the Capital Programme, notes the forecast Outturn position described in Appendix 2 of the report.

12.3

Reasons for Decision

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

12.4

Alternatives Considered and Rejected

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.

12.5

Any Interest Declared or Dispensation Granted

None

12.6

Reason for Exemption if Public/Press Excluded During Consideration

None

12.7

Respective Director Responsible for Implementation

Eugene Walker, Executive Director, Resources

12.8

Relevant Scrutiny and Policy Development Committee If Decision Called In

Overview and Scrutiny Management Committee

12.1

The Executive Director, Resources, submitted a report providing the outturn monitoring statement on the City Council’s Revenue and Capital Budget 2019/20, as at the end of Month 9 (31^st December 2019).

12.2

RESOLVED: That Cabinet:-

(a) notes the updated information and management actions provided by the report and the attached appendices on the 2019/20 Revenue Budget Outturn; and

(b) in relation to the Capital Programme, notes the forecast Outturn position described in Appendix 2 of the report.

12.3

Reasons for Decision

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

12.4

Alternatives Considered and Rejected

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.

(At this point in the proceedings, the Deputy Chair (Councillor Terry Fox) re-entered the meeting and took the Chair for the remainder of the proceedings.)