RESOLVED
That Cabinet noted the budget monitoring position outlined in the report and detailed in its appendices.
REASONS FOR DECISION
To summarise for Cabinet the financial position of the Council following the third quarter’s (2020-21) budget monitoring exercise for the General Fund, the Housing Revenue Account, Capital Programme and Treasury Management activity. This budget monitoring exercise took into account the Council’s response to the impact of the Covid-19 pandemic.
OTHER OPTIONS CONSIDERED AND REJECTED
No other options were considered. The report provided monitoring information for Members on the financial position against the Council’s previously approved budget.
Please note that this was not a Key Decision and so can be implemented with immediate effect by officers