Noted
(a)
That
the senior leadership team’s forecast of outturn at the end of Quarter 3,
including progress of the transformation and tactical savings incorporated into
the budget be noted.
(b)
That
the position on the capital programme at the stage and the likelihood of
significant slippage into 2022/23, as referenced throughout the budget setting
work, be noted.
(c)
That
the downgrading of the risk assessment for the financial performance for the
final quarter of the current year be agreed.
Reason to note
and receive the report
The Council had responsibilities to deliver within its corporate plan and it must do this within the resources made available through the revenue and capital budgets for 2021/22. The report summarised the Council’s forecast financial performance for 2021/22 at the Quarter 3 point of the year.