Issue - meetings

This report summarises the Council’s provisional financial performance for 2020/21 and details the capital budgets to be carried forward for schemes where costs will be incurred in 2021/22.

Following consideration, the Committee resolved unanimously to:

(1)      Receive the report on provisional financial outturn for 2020/21;

(2)      Note the carry forward £2.471m budget for capital schemes to be added to the 2021/22 capital programme.

(3)      Note that the external audit of the 2020/21 Statement of Accounts is underway and is expected to complete in the Autumn. Should any material changes to outturn arise from the audit, these will be reported to this Committee in Autumn.

The Committee received a report summarising the Council’s provisional financial performance for 2020/21 and detailing the capital budgets to be carried forward for schemes where costs will be incurred in 2021/22.

The Committee received a verbal introduction from the Chief Accountant.

The following matters were raised by the Committee:

a)            Car parking: Members noted that a high figure of income is generated from car park fees. Members spoke about the Climate Change Strategy which may impact the usage of car parks, and how the Council may reduce its dependency on car park income to promote greener transport.

b)            Thanks to Finance Team. Members of the Committee expressed their thanks to the Council’s Finance Officers for their work over the past year.

Following consideration, the Committee resolved unanimously to:

(1)      Receive the report on provisional financial outturn for 2020/21;

(2)      Note the carry forward £2.471m budget for capital schemes to be added to the 2021/22 capital programme.

(3)      Note that the external audit of the 2020/21 Statement of Accounts is underway and is expected to complete in the Autumn. Should any material changes to outturn arise from the audit, these would be reported to this Committee in Autumn.