Issue - meetings

To consider and decide on the recommendations as set out in the attached report. 

RESOLVED –

1.    That at Quarter 2 net expenditure on services year to date was £8,014,000, £495,000 less than budget be noted;

2.    That by year end the Council anticipated net expenditure of £15,417,000 on services, £10,000 under budget, an improvement of £58,000 since Quarter 1, be noted;

3.    That by year end the Council anticipated receiving an increase in funding of £1,472,000, an improvement of £84,000 since Quarter 1 with an overall improvement to budget of £1,482,000 be noted.

REASON FOR DECISION:

To show the actual expenditure on services compared to the revised budget for the period ending 30 September 2021, and the forecast outturn position, highlighting significant variances from the revised annual budget. 

Jane Fineman, Head of Finance, Procurement and Parking introduced the report set out in the agenda.

RESOLVED –

1.    That at Quarter 2 net expenditure on services year to date was £8,014,000, £495,000 less than budget be noted;

2.    That by year end the Council anticipated net expenditure of £15,417,000 on services, £10,000 under budget, an improvement of £58,000 since Quarter 1, be noted;

3.    That by year end the Council anticipated receiving an increase in funding of £1,472,000, an improvement of £84,000 since Quarter 1 with an overall improvement to budget of £1,482,000 be noted.

REASON FOR DECISION:

To show the actual expenditure on services compared to the revised budget for the period ending 30 September 2021, and the forecast outturn position, highlighting significant variances from the revised annual budget. 

To consider and provide a recommendation to Cabinet on the proposals set out in the attached report. 

Jane Fineman, Head of Finance, Procurement and Parking introduced the report set out in the agenda.

Discussions and questions from Members included the following:

-       It was noted that the staff transfers from the Theatre to Leisure was not a saving as the money was just moved from one area to another area of the Council. 

-       The suspension of the waste collection was due to HGV driver shortages.

RESOLVED – That the recommendations to Cabinet as set out in the report be supported.