Agenda item
Revenue Budget Monitoring and Update Report 2021/2022
Minutes:
Decisions:
1. That the budget virements
as detailed below be approved:
|
Dir. |
Service Area |
Transfer From £ |
Transfer To £ |
|
ENV |
Refuse Collection |
|
100,000 |
|
ENV |
Neighbourhood Services |
100,000 |
|
|
ELLL |
Strategic School Improvement Service |
62,722 |
|
|
ELLL |
Additional Learning Needs |
70,515 |
|
|
ELLL |
Management And Administration |
|
133,237 |
|
SSH |
Community Care Management |
61,570 |
|
|
SSH |
Community Care Social Work |
|
61,570 |
|
TOTAL |
|
294,807 |
294,807 |
2. That the reserve requests as detailed
below be approved:
|
Value to / (from) £ |
Reserve |
Service Area |
Reason |
|
130,000 |
Environmental Health-Housing equalisation |
Environmental Health |
Original pull from reserve not required and needs
to be available in future years. |
|
(75,000) |
Environment Equalisation reserve |
Park and Open Spaces |
To fund planned expenditure within 2021/22 |
|
(124,000) |
Metal box |
Metal Box |
To fund continued improvements within 2021/22 |
|
(3,000) |
Environment equalisation |
Non Operational Land |
To fund alley gate expenditure in 2021/22 |
|
(62,000) |
ELLL equalisation |
Additional Learning needs |
Implementation of a new additional learning needs
system that was delayed from 2020/21 |
|
862,147 |
Insurance Reserve |
Insurance |
An audit of the Councils 2020/21 Accounts
identified that the provision required to cover Insurance claims was
overstated by £862,147 and the Insurance reserve understated by an equivalent
amount. This adjustment corrects this misstatement. |
3. Reasons
for Decisions:
To
comply with the Councils constitution in relation to budget virements
and reserve requests and to update the Council’s Budget projections for
2021/2022.
4. Implementation
of Decisions:
The
decision will be implemented after the three day call in period.
Supporting documents:
PDF 494 KB