Issue - meetings

The Director of Economic Development and Planning submitted a report providing committee with information relating to the progress of the 2021/22 revenue budget as at the end of January 2022.

The comparison between the actual expenditure and the revised revenue estimate for this committee at the end of January 2022 shows a net underspend of £81,750 after allowing for transfers to and from earmarked reserves.

The largest underspend to date is the Housing Benefits rent allowance payments underspend of £41,769. This was likely to be broadly matched by reduced Housing Benefits subsidy grant income at year-end, meaning there was unlikely to be a significant underspend at year-end.