Decision Maker: Community Services
Decision status: For Determination
Is Key decision?: No
Is subject to call in?: No
The Director of Resources submitted a report asking committee to agree a revised revenue budget for 2021/22 for this committee.
She reminded committee that at this time of year the estimates are revised for the current financial year in order to predict the likely outturn on the budget. The budget this year had been particularly impacted by the Covid-19 pandemic.
Whilst committee income and expenditure may increase or decrease at the revised estimate, items such as budgeted core government funding and council tax precept remain fixed. As a result, any compensating movement is within earmarked reserves and general fund balances. Decisions and actions required as a result of committee meetings have been incorporated into the budget setting process.
She informed committee that the difference between the revised and original estimate was an increase in net expenditure of £138,750, or £140,590 after allowing for movements on earmarked reserves. A number of substantial movements were summarised for members’ information.
RESOLVED THAT COMMITTEE:
Approve the revenue revised estimate for 2021/22.
Report author: Averil Crowther
Publication date: 13/01/2022
Date of decision: 11/01/2022
Decided at meeting: 11/01/2022 - Community Services