Issue - meetings

The Lead Member for Corporate Services introduced the report which had been discussed at the Corporate Services Policy Advisory Committee meeting on the 15 June 2022. A small underspend was highlighted, and was attributed to several areas, one of which was the various grants received from central Government.

The Capital budget underspend was in part due to the acquisition of fewer properties for temporary accommodation than budgeted for, which was likely to continue to be an issue.

Within the risk report, financial uncertainty had been increased to the highest level for impact and likelihood to reflect the current financial circumstances. The Council’s finances were currently very sound.

RESOLVED: That

1.  the Revenue position as at the end of Quarter 4 for 2021/22, including the actions being taken or proposed to improve the position, where significant variances have been identified, be noted;

2.  the Capital position at the end of Quarter 4 be noted;

3.  the Performance position as at Quarter 4 for 2021/22, including the actions being taken or proposed to improve the position, where significant issues have been identified, be noted.

4.  Annual Performance for 2021/22 be noted.