Issue - meetings

To consider the report of the Director Finance.

Agreed:

RECOMMENDED that Council notes and approves (where applicable):-

(1)        the General Fund forecast financial position for the 2020/21 year;

(2)        the supplementary budgets as detailed in paragraph 8.12 of the report presented to the meeting;

(3)        the outstanding Sundry Debt position as at December 2020; and

(4)        the creditors’ payments performance.

Reason for Decision: As set out in the report.

The Executive received the report on the overall financial position of the General Fund Revenue Budgets for the 2020/21 financial year after nine months.

The Director Finance made particular reference to the Emergency Budget set by the Council in July 2020 in response to the Covid-19 Pandemic and to the Government’s Sales Fees and Charges Compensation Scheme. He referred to the supplementary budgets sought as set out in the report and it was noted that the Council was projected to end the financial year in a slightly better position than anticipated at the Emergency Budget.

RECOMMENDED that Council notes and approves (where applicable):-

(1)        the General Fund forecast financial position for the 2020/21 year;

(2)        the supplementary budgets as detailed in paragraph 8.12 of the report presented to the meeting;

(3)        the outstanding Sundry Debt position as at December 2020; and

(4)        the creditors’ payments performance.