Decision details

Quarter 3 Budget Monitoring 2020-21

Decision Maker: Cabinet, Council

Decision status: Recommmend Forward to Council

Is Key decision?: Yes

Is subject to call in?: Yes


To provide budget monitoring information for the end of quarter 3 including explanations for significant variances. The report may also include budget virements for approval by Cabinet or Council.


RESOLVED that Cabinet:-

(a)         Note the current budget position for 2020/21; and

(b)         Approve capital virements as set out in paragraph 109.

RECOMMENDED that Council:-

(a)          Approve the transfer of £13.3 million to earmarked financial resilience reserves for transformation, Covid-19, and MTFP mitigation as set out in paragraph 11; and 

(b)         Approve the capital virement as set out in paragraph 110.

Voting: Unanimous

Portfolio Holder: Leader of the Council


To comply with accounting codes of practice and best practice which requires Councils to regularly monitor the annual budget position.

To comply with the council’s financial regulations regarding budget virements.

Report author: Nicola Webb

Publication date: 12/02/2021

Date of decision: 10/02/2021

Decided at meeting: 10/02/2021 - Cabinet

Effective from: 20/02/2021

Accompanying Documents: