Decision details

Financial Outturn 2020/21

Decision Maker: Cabinet, Council

Decision status: For Determination

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To consider the recommendations

Decision:

 

RESOLVED THAT:

 

Council be recommended to:

  1. Receive the financial outturn performance position for the General Fund, summarised at Appendix 2, and notes that in delivering services in 2020/21, there was an underspend of £394,663 against the recovery budget approved by Council in November 2020;
  2. Notes £609,345 of carry forward approved by the Section 151 Officer under delegated powers at Appendix 5;
  3. Approve the proposal for the use of the underspend after the carry forward requests outlined in Section 2.10 of this report and delegates authority to the Executive Director of Finance and Assets in consultation with the Lead Member for Finance and Assets to ensure the underspend it spent in line with this proposal;
  4. Note the annual treasury management report at Appendix 7 and note the actual 2020/21 prudential and treasury indicators;
  5. Note the capital programme outturn position as detailed in Appendix 8 and approve the carry forward of unspent budgets into 2021/22;
  6. Note the year end position in respect of Section 106 and CIL agreements and partnership funding agreements at Appendix 9;
  7. Note the outturn position in respect of collection rates for council tax and non-domestic rates for 2020/21 in Appendix 10;
  8. Note the outturn position in respect of collection rates for sundry debts for 2020/21 in Appendix 11;
  9. Receive the financial outturn performance position for the Housing Revenue Account for 2020/21 in Appendices 12 and 13 (as detailed in Section 11) and approves the carry forward of capital budgets in 2021/22 as set out in paragraph 11.9.

 

Contact: Gemma Bell, Head of Property, Finance and Assets and Deputy Section 151 Officer Email: gemma.bell@cheltenham.gov.uk Email: Gemma.Bell@cheltenham.gov.uk.

Report author: Paul Jones

Publication date: 13/07/2021

Date of decision: 13/07/2021

Decided at meeting: 13/07/2021 - Cabinet

Effective from: 21/07/2021

Accompanying Documents: