Issue - meetings

Report of Chief Finance Officer

Lead Cabinet member: Councillor Zoe Nicholson

(Key decision):

(1) To endorse the provisional outturn for 2020/21.

(2) To approve the transfers from/to reserves as set out in section 3.2 of the report.

The Cabinet considered the report of Chief Finance Officer, updating them on the provisional outturn for 2020/21.

The 2020/21 financial year saw significant challenges with the impact of Covid-19 pandemic and associated lockdown. Through the measures set out in the report, the Council was able to mitigate the unprecedented risk to its finances and key services, ending the year in a balanced position.

Policy and Performance Advisory Committee (PPAC), held on 30 June 2021, considered the report and were supportive of the officer recommendations in full. Councillor Miller, Chair of PPAC, was in attendance to present PPAC’s discussion.

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 3.2 of the report.

Reason for decision:

To enable Cabinet members to consider specific aspects of the Council’s financial performance for 2020/21.