Issue - meetings

This report summarises the 2020/21 final outturn position (subject to audit) for the General Fund capital programme compared to the latest approved budget. The report also summarises the outturn position for the approved prudential indicators for capital expenditure in 2020/21.

The report summarised the 2020/21 final outturn position (subject to audit) for the General Fund capital programme compared to the latest approved budget. The report also summarised the outturn position for the approved prudential indicators for capital expenditure in 2020/21.

This report had been considered at the meeting of the Finance and Performance Scrutiny Sub-Committee held on 15 June 2021.

Proposed by Councillor Monk,

Seconded by Councillor Mrs Hollingsbee; and

RESOLVED:

1.        That report C/21/08 be received and noted.

(Voting figures: 9 for, 0 against, 0 abstentions).

REASONS FOR DECISION:

a)           Cabinetis asked to agree the recommendations because it needs to be kept informed of the General Fund capital programme position and take appropriate action to deal with any variance from the approved budget.

b)           CIPFA’s Prudential Code for Capital Finance requires the actual prudential indicators for the financial year to be reported.