Decision details

2021/22 Corporate Revenue Monitor - Month 2 (May 2021)

Decision Maker: Cabinet

Decision status: For Determination

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Update on financial forecast at end of May. Request for virements.

Decision:

AGREED UNANIMOUSLY BY THE CABINET MEMBERS PRESENT:

 

1.            To note General Fund forecast underspend of £1.985m.

 

2.            To note that the forecast draw down from the Housing Revenue Account general balance will be £0.233m less than budgeted.

 

3.            To note the in-year Dedicated Schools Grant overspend of £0.840m.

 

4.            To approve a General Fund virement of £0.3m and HRA virement of £0.312m as detailed in appendix 9.

Report author: Gary Ironmonger

Publication date: 07/09/2021

Date of decision: 06/09/2021

Decided at meeting: 06/09/2021 - Cabinet

Effective from: 10/09/2021

Accompanying Documents: