The Director of Resources introduced this report which provided Members with an overview of budget performance for the Committee’s area of activity. The financial information detailed the year-end revenue and capital outturn position, as reported at quarter 4 (Apr-Mar) 2020/21.

The revenue position was a £4.3 million overspend mainly due to the loss of car parking income. Also, major capital schemes had been paused so the Council couldn’t charge capital salaries to them, and officers were diverted from their oral duties to help deal with the emergency response to the pandemic. The total was a portion of the total council overspend going to Policy and Resources Committee on 30 June. There had been some grant support centrally from Government but not all income had been eligible, so of £16 million losses around £11 million was compensated.

Resolved –

That the year-end revenue outturn position of £4.345m adverse and the performance of the capital programme, as reported at quarter 4 (Apr-Mar) of 2020/21 be noted.