331 Financial Forecasts Period 2 PDF 145 KB
Additional documents:
Decision:
Having considered an officer report, and a presentation by the Cabinet
Member for Finance & Resources, Councillor Amanda De Ryk, the Mayor and
Cabinet agreed that:
(1) the current financial forecasts for the year ending 31 March 2021 be noted
and Executive Directors be requested to bring back detailed action plans to
manage down budget pressures within their directorates;
(2) the proposed revision of the capital programme budget, as set out be
noted with further detail attached at appendices 1 and 2.
Minutes:
Councillor De Ryk, in a heartfelt statement, predicted the likely financial
impact of any governmental failure to honour the promises made in March to
underpin the additional spending carried out by local government in response
to the Covid-19 pandemic.
Having considered an officer report, and a presentation by the Cabinet
Member for Finance & Resources, Councillor Amanda De Ryk, the Mayor and
Cabinet for the reasons set out in the report and by a vote of 10-0:
RESOLVED that:
(1) the current financial forecasts for the year ending 31 March 2021 be noted
and Executive Directors be requested to bring back detailed action plans to
manage down budget pressures within their directorates;
(2) the proposed revision of the capital programme budget, as set out be
noted with further detail attached at appendices 1 and 2.