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Agenda item

Revenue Budget and Capital Programme Monitoring 2020/21 - as at 30/09/2020

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.

 

 

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

 

 

(c) notes the review of the Treasury Management Strategy and prudential indicators as detailed in Appendix 3.

 

 

10.3

Reasons for Decision

 

 

To record formally changes to the Revenue Budget and the Capital

Programme.

 

 

10.4

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.

 

 

10.5

Any Interest Declared or Dispensation Granted

 

 

 

None

 

 

10.6

Reason for Exemption if Public/Press Excluded During Consideration

 

 

 

None

 

 

10.7

Respective Director Responsible for Implementation

 

 

 

Eugene Walker, Executive Director, Resources

 

 

10.8

Relevant Scrutiny and Policy Development Committee If Decision Called In

 

 

 

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.

 

 

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

 

 

(c) notes the review of the Treasury Management Strategy and prudential indicators as detailed in Appendix 3.

 

 

10.3

Reasons for Decision

 

 

10.3.1

To record formally changes to the Revenue Budget and the Capital

Programme.

 

 

10.4

Alternatives Considered and Rejected

 

 

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: