72 Budget Monitoring (Q3) and Virement Report PDF 520 KB
Report of the Senior Leadership Team.
Additional documents:
Minutes:
The Director of Corporate Resources and Section 151 Officer 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 and virements approved during quarter two as detailed in Appendix 2 to the report;
4) Agree the withdrawal of the Commercial Property Investment Strategy as detailed in paragraph 2.7 to the report and recommend it to Council for approval.