Decision details

The Cabinet considered the Corporate Performance and Resources Mid-Year Reports 2020/21 and has:-

Review progress against delivering Council priorities and capital schemes alongside budget and performance forecasts contained within the report;

·         noted the key achievements against Shared Priorities (Section 1) and analysis of corporate performance for 2020/21 (Section 2);

·         approved the virements to the Revenue Budget set out in section 3.2;

·         noted the Cash Limit and Non-Cash Limit forecast positions for 2020/21 as set out in section 3.3;

·         noted the Dedicated Schools Grant, Housing Revenue Account and Collection Fund forecast positions as set out in sections 3.4, 3.5 and 3.6;

·         noted the appropriations to/from reserves and balances as set out in section 3.7 and noted the resulting reserves and balances position as at 31 October 2020;

·         noted the financial impact of the Covid-19 pandemic set out in section 3.8;

·         noted the position for the 2020/21 Capital Programme as set out in section 4.1;

·         noted the changes and re-phasing of capital schemes during the quarter as set out in 4.2 to 4.4;

·         approved the resourcing of the capital programme as set out in section 4.5;

·         approved the 2020/21 prudential indicators as set out in section 4.6; and

·         identified key areas for further investigation and responsibility for taking forward corrective action to address any existing or outturn issues or risks.

None.

None.