Issue - meetings

Consideration was given to the report of the Chief Officer Resources.

The Service Manager Accountancy advised that the report provided Members with the forecast financial outturn position across all portfolios for the financial year 2021/2022 (as forecast at 30th September 2021).

The Service Manager noted the favourable position which placed the Council in a good position. The Executive Members were referred to the portfolio summary, budget virements and given an overview of the portfolio analysis. The Service Manager further spoke to the report and noted the appendices which provided greater detail to the information presented in the report.

The Leader welcomed the positive position of the budget and advised that the Minister for Local Government and Finance would shortly inform authorities of their budget settlements for 2022/2023. The Leader had hoped that a reasonable settlement would be received in order to continue the trend started in 2017.

The Leader expressed thanks to the Service Manager Accountancy and her Team for the work undertaken on behalf of the Authority.

RESOLVED that the report be accepted and the Executive Committee provided the appropriate challenge to the financial outcomes and virements as detailed in the report (Option 1).