Agenda item

10.1

The Executive Director, Resources, submitted a report providing the outturn monitoring statement on the City Council’s Revenue and Capital Budget as at the end of Month 9, 2020/21

10.2

RESOLVED: That Cabinet:-

(a) notes the updated information and management actions provided by this 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) approves the additional expenditure on the Tech 2020 project 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.

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

10.1

The Executive Director, Resources, submitted a report providing the outturn monitoring statement on the City Council’s Revenue and Capital Budget as at the end of Month 9, 2020/21

10.2

RESOLVED: That Cabinet:-

(a) notes the updated information and management actions provided by this 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) approves the additional expenditure on the Tech 2020 project 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.