Peter Molyneux, Senior Finance Manager, presented this report of the Director of Regeneration and Place which provided a summary of the projected year-end revenue and capital position as at the end of Quarter 1 (June 2021) of the 2021/22 financial year.

Resolved – That - 

(1)  the projected year-end revenue forecast variance of £0.02m favourable position as reported at quarter 1 (Apr-Jun) of 2021-22 be noted;

(2)  progress on the achievement of approved savings and the projected year-end forecast position at quarter 1 (Apr-Jun) of 2021-22 be noted;

(3)  the reserves allocated to the Committee for future one-off commitments be noted; and

(4)  the projected year-end capital forecast expenditure position of £17.5m as reported at quarter 1 (Apr-Jun) of 2021-22 be noted.