Decision details

The Chief Officer (Financial Services) submitted a report which set out the Council’s projected provisional financial outturn position for 2020/21 in respect of both the General Fund revenue budget and also the Housing Revenue Account.

In considering the submitted report, Members welcomed the provisional balanced budget position for 2020/21 which was presented, and extended their thanks to all those who had helped achieve this position, given the significant challenges which had been faced throughout the year.

RESOLVED –

(a)  That the projected provisional financial outturn for the Authority, as detailed within the submitted report, be noted, with the projected impact of COVID-19 on that position also being noted;

(b)  That with regard to the 2020/21 financial year, it be noted that the Authority is forecasting a balanced budget position.