Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
RESOLVED that Cabinet:-
1.
noted the 2020/21 draft revenue final accounts
position as set out within the report;
2.
noted the final position for the General Fund being
an operational overspend of £3.1M (after setting aside money
to fund scheme slippage & known expenditure commitments in
21/22, as set out in Appendix 1) and agreed that this be funded via
a re-prioritisation of strategic reserves as agreed as part of the
COVID-19 financial recovery strategy / Government compensation for
taxation losses;
3.
noted the split of this position between the impact
brought about by the pandemic on additional costs and income
streams and the Council’s wider business as usual
activity;
4.
noted the estimated financial cost and funding plan
to deal with the ongoing impact of the pandemic during the 21/22
financial year;
5.
noted the final position on the Housing Revenue
Account, being an operational underspend of £0.8M;
and
6. approved the write off of historic bad debts totaling £0.780M as detailed in Section 4 of the report.
Publication date: 16/06/2021
Date of decision: 16/06/2021
Decided at meeting: 16/06/2021 - Cabinet
Effective from: 23/06/2021
Accompanying Documents: