52 Budget Monitoring (Q2) and Virement Report PDF 665 KB
Report of the Senior Leadership Team.
Additional documents:
Minutes:
The Assistant Director for Finance introduced a report, which had been circulated in advance of the meeting, updating Members on the forecast outturn for Revenue and Capital budgets for 2020/21 and requesting approval for the changes to the budget as set out in the report.
RESOLVED to:
1) Approve the General Fund Budget virements set out in Appendix 1 to the report;
2) Approve the amendments to the Capital programme set out in Appendix 3 to the report;
3) Note the use of reserves and funds during quarter two as detailed in Appendix 2 to the report;
4) Note the mid-year review of the Medium Term Financial Plan; and
5) Request that a letter is sent to local Members of Parliament outlining concerns that Gedling has unfairly received comparatively lower government funding than other Nottinghamshire areas.