Decision details

Financial Monitoring Report 2020/21

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 Budgets


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,





1. 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 income.

2. 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

Accompanying Documents: