Cllr Lynden Stowe provided an update on the year-end forecast for the 2021/22 County Council’s Revenue and Capital Budgets
Having considered all of the information. Cabinet noted the report and
RESOLVED to:
1. Note the forecast revenue year end position based on December 2021
(Period 9) forecasts for the 2021/22 financial year is an overspend of
£1.937 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 November
2021 of £137.147 million against the current budget of £153.294 million.
3. Approve the £450k increase to the capital programme as outlined in
Section B.