Decision details

Revenue and Capital Budget Monitoring 2020/21 - Year End Outturn

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No




1)    the general fund balanced outturn position for 2020/21 to be noted;


2)    the transfer of £4.7m into a Collection Fund Risk Reserve to help mitigate the future economic impact of the pandemic on the Council’s income from Council Tax and business rates to be noted;


3)    the general fund (GF) balance at 31 March 2021 of £19.633 million and the position on earmarked reserves of £65.044 million as at 31 March 2021 be noted;


4)    the deficit of £67.232 million on the collection fund, of which £21.466 million is the Council’s share, be noted;


5)    the 2020/21 outturn position of an overspend of £1.085 million on the Housing Revenue Account (HRA) be noted;


6)    the outturn position in respect of the 2020/21 Schools Budget overspend of £5.150 million be noted;


7)    The cumulative deficit on the unallocated Dedicated School Grant (DSG) of £12.401m, which is included as part of the Council’s Reserves be noted


8)     the capital outturn position for 2020/21 of an underspend of £96.045 million be noted;


9)    the capital slippage requests as set out in Annex 1 to the report be approved.

Publication date: 14/07/2021

Date of decision: 13/07/2021

Decided at meeting: 13/07/2021 - Corporate and Resources Committee

Accompanying Documents: