Issue - decisions

Q3 SSC Rev Cap Monitoring Report

24/02/2021 - Q3 SSC Rev Cap Monitoring Report

RESOLVED

The Cabinet Member for Stronger and Safer Communities

 

(i)  Considered and endorsed the 2020/21 revenue and capital financial monitoring forecast as at 31st December 2020

(ii)  Considered the Portfolio’s progress against the latest 3 year savings targets in the Medium Term Financial Strategy (MTFS) as at 31st December 2020.

(iii)  In accordance with Financial Regulations, approved a budget virement of £103,500 from the Climate Change, Planning and Housing portfolio to the Stronger and Safer Communities portfolio in respect of the Housing Policy team (paragraphs 5.1 – 5.2).

(iv)  In accordance with Financial Regulations, approved in conjunction with the Cabinet Member for Resources a contribution of £40,000 in 2020/21 to a new reserve for Library stock (paragraphs 5.3 – 5.5).

(v)  In accordance with Financial Regulations, approved in conjunction with the Cabinet Member for Resources a contribution of £180,000 in 2020/21 to a new reserve for community and regulatory impacts of Brexit (paragraphs 5.6 – 5.9).