Issue - meetings

Report by Section 95 Officer

The Committee gave consideration to a report summarising the budget outlook covering the period 2022-23 to 2026-27 taking into consideration the budget decisions taken at the Council meeting held on 25 February 2021.  The report was the first outlook of the financial year and was predominantly a roll forward of assumptions used as part of the budget process and extended the budget outlook to 2026-27.  The assumptions would be updated and refined as the year progressed.

Decision

The Policy and Resources Committee –

1.    Noted the current estimated budget outlook position for the period 2022-23 to 2026-27.

2.    Approved the additional £0.712m of one off 2021-22 general revenue grant funding be added to the Council’s Recovery and Renewal Fund with proposals on how to use it to be brought forward by officers in due course.

(Reference:  Report by Section 95 Officer dated 19 April 2021, submitted)