Decision details
Financial Monitoring
Decision Maker: Cabinet
Decision status: For Determination
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
To provide an update on the 2021/22 General
Fund, Capital Programme and Housing Revenue Account.
Decisions:
RESOLVED:
That the latest budget forecasts of the General Fund (section 4), Capital (section 5) and Housing Revenue Account (section 6) of the report, be noted.
REASONS FOR DECISION:
As set out in the report.
KEY DECISION:
No.
PORTFOLIO:
Finance, Investment and Corporate Services.
ALTERNATIVE OPTIONS CONSIDERED/REJECTED:
As set out in the report.
DECLARATIONS OF INTEREST(S):
None.
DISCUSSION:
The Portfolio Holder introduced the report and identified the various changes and variances as part of the General Fund, Capital Expenditure and Housing Revenue Account (HRA). It was noted that the HRA continued to be challenging.
Cabinet Members were pleased to see the General Fund reporting very close to the original budget set in February 2021.
Reason Key: Expenditure > £50,000;
Other reasons / organisations consulted
N/A
Consultees
EMT, relevant Portfolio Holders
Contact: Alan Bethune, Strategic Director of Corporate Resources & Transformation, Section 151 Officer Email: alan.bethune@nfdc.gov.uk.
Report author: Alan Bethune
Publication date: 07/02/2022
Date of decision: 02/02/2022
Decided at meeting: 02/02/2022 - Cabinet
Effective from: 15/02/2022
Accompanying Documents:
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