Decision details

To report the revenue outturn position of the Council for 2021/22 financial year highlighting the effective management of the Council’s finances to ensure value for money for council tax payers, housing tenants and schools.

That:

1)      the outturn position of the revenue budget and the level of balances in respect of the General Fund, Housing Revenue Account and Dedicated Schools Grant be noted;

2)      the General Fund carry forward requests of £667,000 as set out in Appendix B to the report be agreed, and that it be noted that the request was significantly less than in the previous year where carry forwards were £7.5m;

3)      a supplementary estimate of £1.002m for the 1.75% cost of living pay award for 2021/22 be approved, factoring in arrival at a budgeted General Fund balance for March 23 in excess of £8m.