Issue - meetings
Revenue & Capital Outturn - 2020/21
Meeting: 14/07/2021 - Eastbourne Borough Council Cabinet (Item 15)
15 Provisional revenue and capital outturn 2020/21 PDF 420 KB
Report of Chief Finance Officer
Lead Cabinet member: Councillor Stephen Holt
Additional documents:
- Provisional revenue and capital outturn 2020/21 - Appendix A, item 15 PDF 188 KB
- Provisional revenue and capital outturn 2020/21 - Appendix B, item 15 PDF 41 KB
Decision:
(Key decision):
(1) To endorse the provisional outturn for 2020/21.
(2) To approve the transfers from/to reserves as set out in section 2.2 of the report.
Minutes:
The Cabinet considered the report of the Chief Finance Officer, updating them on the provisional outturn for 2020/21. The Council had responded to the financial and operational challenges caused by the pandemic with great focus and commitment. This had enabled the authority to reduce its capitalisation requirement by some £3.250M and put in place a strong programme of transformation and savings to ensure a financially sustainable future.
Visiting member, Councillor Smart, addressed the Cabinet on this item.
Councillors Bannister and Tutt declared a personal, non-prejudicial interest in this item. They remained in the room and voted on the item.
Resolved (Key decision):
(1) To endorse the provisional outturn for 2020/21.
(2) To approve the transfers from/to reserves as set out in section 2.2 of the report.
Reason for decisions:
To enable Cabinet members to consider specific aspects of the Council’s financial performance for 2020/21.