Decision details

To approve decisions arising from the monitoring of expenditure from April to June in 2021/22.

To approve the following changes to earmarked reserve:

a)            Approve the transfer of £3.3m funding received from the Government to offset shortfalls in local taxation due to the pandemic, to an earmarked reserve as detailed in Par 15.2 of the report. Due to the way local tax income is accounted for, the money will be needed in 2022/23.

Note: The decision taken did not meet the criteria of a Key Decision and was, therefore, taken as Non-Key decision.

The City Mayor and Overview Select Committee receive a report on the forecast revenue budget position regularly throughout the year (as well as an outturn report at the end of the year). These decisions are consequential to the monitoring exercise.

Not Applicable.