Issue - meetings

2021-22 Provisional Financial Outturn

Meeting: 26/07/2022 - Strategy and Resources Committee (Item 11)

11 2021-22 Provisional Financial Outturn pdf icon PDF 644 KB

This report summarises the Council’s provisional financial performance for 2021/22 and details the capital budgets to be carried forward for schemes where costs will be incurred in 2022/23.

Decision:

Following consideration, the Committee resolved with 8 votes for, 1 abstention and the Chair not voting to:

(1)      Receive the report on provisional financial outturn for 2021/22;

(2)      Approve the carry forward £2.564m budget for capital schemes to be added to the 2022/23 capital programme.

(3)      Note that the external audit of the 2021/22 Statement of Accounts is underway and expected to complete in the Autumn. Should any material changes to outturn arise from the audit, these will be reported back to members.

Minutes:

The Committee received a report summarising the Council’s provisional financial performance for 2021/22 and detailing the capital budgets to be carried forward for schemes where costs will be incurred in 2022/23.

The following matter was considered:

a)              Funding for Local Plan. The Committee was informed that if allocated funding was not sufficient to meet the costs of Local Plan workstreams, a report would be presented to the Licensing and Planning Policy Committee, and if required, to the Strategy and Resources Committee.

Following consideration, the Committee resolved with 8 votes for, 1 abstention and the Chair not voting to:

(1)        Receive the report on provisional financial outturn for 2021/22;

(2)        Approve the carry forward £2.564m budget for capital schemes to be added to the 2022/23 capital programme.

(3)        Note that the external audit of the 2021/22 Statement of Accounts is underway and expected to complete in the Autumn. Should any material changes to outturn arise from the audit, these will be reported back to members.