Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
To provide an update on the year-end forecast
for the 2020/21 County Council’s Revenue and Capital
Cabinet Member for Finance and Change, Cllr Lynden Stowe, gave an update on the year-end forecasts for the County Council’s Revenue and Capital Budgets 2020/21.
Having considered all of the information, Cabinet noted the report and,
Note the forecast revenue year end position based on actual
expenditure as at the end of January 2021 and February 2021 (Period
11) forecasts for the 2020/21 financial year including Covid-19
forecast is an underspend of £1.790 million all of which
relates to non Covid-19 expenditure, as we are forecasting a
balanced position in relation to Covid-19 expenditure and
Note the forecast capital year end position as at the end of
January 2021 of £123.566 million against the current budget
of £123.527 million.
3. Approve the £4.166 million increase to the capital programme as outlined in section B of the report.
Report author: Deputy Leader and Cabinet Member - Finance and Change
Publication date: 24/03/2021
Date of decision: 24/03/2021
Decided at meeting: 24/03/2021 - Cabinet
Effective from: 01/04/2021