Decision details

To receive the financial position as at the end of March 2021.

RESOLVED –

1.     That the actual revenue expenditure outturn and impact on reserves for the year ended 31 March 2021 be noted.

2.     That the expected withdrawal from reserves of £1,585,000 to meet the forecast deficit at Quarter 3 would not be needed and a sum of £211,000 to be transferred to the General Fund be noted.

3.     That a new charge for the administration of applications from site owners or managers of mobile homes, following new regulations coming into force on 1 July 2021 be approved.

REASON FOR DECISION:

To show the actual expenditure on services compared to the revised budget for the period ending 31 March 2021, and the forecast outturn position, highlighting significant variances from the revised annual budget.