RESOLVED – That Cabinet noted the budget monitoring position outlined in the report and detailed in Appendices 1 to 4 to the report.
REASONS FOR DECISION – To keep Cabinet informed of the financial position of the Council following the first quarter’s budget monitoring exercise for the General Fund, the Housing Revenue Account, Capital Programme and Treasury management activity taking account of the Council’s response to the impact of the Covid-19 pandemic.
ALTERNATIVE OPTIONS CONSIDERED BUT REJECTED – No other options were considered as the report only provided information about the monitoring position against the Council’s previously agreed budget. It did not include any options which required Cabinet to decide upon.
Please note that this was not a Key Decision and so can be implemented with immediate effect by officers.