Decision details

Councillor S Spencer introduced a report, which had been circulated in advance of the meeting, providing an update on the Council Plan performance, and setting out the Council’s final revenue outturn position for 2021-22.

RESOLVED to:

1)   Note the Council Plan performance and the revenue outturn position for 2021-22;

2)   Consider whether there are any further actions that should be undertaken to improve performance where it has not met the desired level;

3)   Note the position on General and Earmarked Reserves;

4)   Approve the allocation of underspend amounts and commitments to Portfolios as set out in paragraph 4.41 of the report;

5)   Approve the release of all the sum of £14.000m held in the earmarked reserve as a contingency against potential funding losses during the Covid-19 recovery period as set out in paragraph 4.42 of the report;

6)   Approve the allocation from the release of earmarked reserves and from underspends, of £10.000m to the Budget Management Earmarked Reserve, £10.000m to a reserve for inflation risks, £5.251m to a reserve for business rates risks and £4.000m to a reserve for cyber security as set out in paragraphs 4.42 to 4.45 in the report; and

7)   Approve contributions from the Finance and ICT budget of £0.010m to an earmarked reserve to support the modernisation of the ICT Traded Services team and £0.200m to provide temporary agency resources for the Operations team as detailed in paragraph 4.32 of the report.